Crypto exchange Binance to help Russian banking industry with regulatory expertise.
Digital asset exchange Binance has become the first crypto company to support the Association of Banks of Russia in efforts devoted to regulating the country’s growing cryptocurrency market. The coin trading platform will also work with authorities in Moscow as they try to adopt rules for the industry.
I am sure that our developments, our expertise will be positively received by the Russian banking community. In the past few weeks, government officials in Moscow and members of the country’s financial industry have been working hard to fill the gaps in Russia’s regulatory framework remaining after the adoption of the law “On Digital Financial Assets,” which went into force in January of last year.
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