Bank of Russia Registers Country’s First Digital Asset Manager
Russia is one of the largest crypto economies globally. The country’s crypto regulatory framework has been in the “gray zone” for a long time, but a shift is now happening. The Bank of Russia has registered the first digital asset management company,
Bank of Russia Blocks Mutual Funds From Offering Crypto Exposure
The Bank of Russia has remained skeptical about cryptocurrencies. The institution has now issued a statement regarding the investment opportunities available for mutual funds. According to Russia’s Central Bank, mutual funds have been banned from investing in digital assets such as