8 months ago

In Moscow, Russia, a round table was held on the future of financial markets and the regulation of cryptocurrencies at which representatives of the largest Russian banks announced their desire to work with digital assets.

According to the publication, bankers reported high demand for cryptocurrency transactions. However, according to them, until the financial institutions can not provide services related to digital assets, due to the lack of appropriate regulation in Russia.

Representatives also expressed interest in the use of blockchain  technology in the financial ecosystem.

It is known that authorized banks are planning to come up with proposals for regulating the industry to the government of the country.

Earlier it was reported that a new edition of the Russian draft law “On Digital Financial Assets” there is no definition of the concept of “cryptocurrency”, and mining is classified as the release of tokens to attract investment in capital.