Bank of Russia Wants to Ban Mutual Funds From Investing in Cryptocurrency
December 15, 2021 Accredited, Bank of Russia, Bitcoin, CBR, Central Bank, Crypto, crypto assets, Cryptocurrencies, Cryptocurrency, Digital Currencies, directive, draft directive, Funds, Investments, Investors, mutual funds, non-qualified, proposal, Regulation, Regulations, regulator, Russia, russian 0 Comments

Russia’s central bank intends to prohibit mutual funds from acquiring crypto assets or related financial instruments. The proposal, which is in line with its hard line stance on decentralized digital money, comes after the regulator urged stock exchanges to avoid trading......