Russia Approves Securities Group To Oversee Crypto Exchanges
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The Central Bank of Russia announced on October 29 that the National Association of Securities Market Participants, or NAUFOR for short, will be dealing with digital deposits and digital currency exchanges…
The Bank of Russia recognized NAUFOR as a self-regulatory organization for cryptocurrencies and digital deposits. The decision sets in motion a key piece of Russian law on digital assets, which requires registration and affiliation within 90 days.
Russia Approves Securities Group To Oversee Crypto Exchanges
The National Association of Securities Market Participants, known as NAUFOR, has won self-regulatory organization status for digital depositories and crypto exchanges. The Central Bank of Russia made the decision on October 29, according to Interfax. The move turns a law into a working system. Russia’s framework, “On Digital Currency and Digital Rights,” passed the State Duma in July. It requires exchange operators and depositories to sit in cen…
The Central Bank of the Russian Federation has entered the National Association of Stock Market Participants (NAFOR) into the Register of Self-Regulatory Organizations (SPO) for digital financial depositories ... 29.10.2026, PRIM
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