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Bill Allows Russian Financial Platforms to Operate Blockchains, Issue Digital Assets

A draft law filed in the Russian parliament permits operators of platforms providing financial services to also run blockchain platforms. The legislation will allow them to combine their regular activities in the traditional financial market with issuing digital assets.

The legislative initiative comes from a group of lawmakers headed by the chairman of the parliamentary Financial Market Committee, Anatoly Aksakov, crypto news outlets Bits.media and RBC Crypto reported. Its main purposes is to help the development of tokenized cashless payments, the digital ruble, and DFAs.

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