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26 July 2021

Bank of Russia asks stock exchanges to not list crypto-related firms

Bank of Russia asks stock exchanges to not list crypto-related firms


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The Bank of Russia issued an information letter on July 19, asking Russian stock exchanges to stay away from listings of foreign and local companies involved in a broad range of crypto services.

The central bank elaborated that local exchanges should not list stocks issued by companies whose business relies on crypto market prices, including digital financial assets issued outside Russia, crypto-tracking indexes, as well as crypto derivatives and crypto funds.

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cointelegraph.com
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