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The Bank of Russia has also added digital financial assets to the accounting system

The official added that laws allowing the platforms to begin work could be passed as early as November

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At the moment, a draft law provides for local infrastructure for trading digital assets and regulation of mining

According to State Duma Deputy Anton Gorelkin, the discussion between the departments “has moved from the dead point”

Such documents will be able to circulate on the platform that issues them as securities

The State Duma reported that the draft law will be submitted for consideration in the near future

The regulator noted that because of the speculative nature of the crypto market, depositors will not be able to avoid risks

According to the agency’s employees, such services allow Russia, Iran, and the DPRK to circumvent the restrictions imposed

An employee of the Central Bank said it was necessary to check suspicious transactions, including on the regulator's website

The representative of the provider believes that regulators should give preferences to local developers

The bank itself will also act as an issuer of digital financial assets