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Russia’s Central Bank Proposes New Token Framework, But Labels Crypto Transactions ‘Suspicious’

by CBDC Insider Staff
March 2, 2020
in Business, Europe
Reading Time: 1min read
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Russia’s Central Bank Proposes New Token Framework, But Labels Crypto Transactions ‘Suspicious’
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The Central Bank of Russia (CBR) has formally proposed a legal framework for tokenization, but also plans to label cryptocurrency transactions as suspicious activity, it said in a press release Monday. The CBR announced it had successfully piloted a platform that allows users to tokenize assets, including equities and currencies, and issue them to investors.

Continue reading: https://www.coindesk.com/russias-central-bank-proposes-new-token-framework-but-labels-crypto-transactions-suspicious

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