The Bank of Russia made it possible to start trading on the first cryptocurrency exchange at the end of November. The corresponding document was published by the regulator.
The exchange platforms are technically ready for action, but they are in no rush to immediately launch trading and intend to do so later. Experts point out that the infrastructure is only partially prepared so far, and the legal framework leaves considerable gaps.
One of the main problems has not yet been solved. It has not been determined who will be liable if a foreign issuer freezes or destroys assets.
Therefore, the central bank's approval so far looks more like opening a door to a new market than its full launch.