Altcoins Talks - Cryptocurrency Forum
Further Discussions => Banks & Cryptos => Topic started by: Tnoy30 on May 09, 2021, 05:59:46 PM
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Russia’s central bank has examined three platforms offering crypto-related services. The projects have been tested in its regulatory sandbox in the course of 2020. Bank of Russia has received dozens of requests to pilot various financial services since it created the closed regulatory environment around three years ago.
CBR Pilots 3 Crypto Projects in 2020
The Central Bank of the Russian Federation (CBR), also known as Bank of Russia, launched the sandbox back in 2018, when developments in financial technology and decentralized digital assets presented regulators with a new set of challenges. Since the start of the initiative, over 70 entities, including financial institutions and fintech companies, have asked the regulator to test their new products, services, technologies, and business models. Source (https://news.bitcoin.com/bank-of-russia-tests-services-related-to-cryptocurrencies/)