PoliticsSingle-source
2.1
Bank of Russia rejects crypto wallet experiment over FATF concerns
Interfax·RU·about 17 hours ago
First Deputy Chairman of the Central Bank of Russia, Vladimir Chistyukhin, stated that the crypto industry may begin operating legally by the end of the year. This marks a potential policy shift from the central bank's previous restrictive stance, though details remain unclear. Legalization could integrate crypto into Russia's financial system, affecting sanctions evasion and global crypto markets.