🏦⚡ The Bank of Russia has tightened regulations for foreign digital assets! ⚡🏦
The Central Bank has expanded requirements for foreign digital rights (FDR) to protect investors from risks. From August 2024, such assets may officially circulate alongside Russian digital financial assets (DFAs).
📅 The new rules will come into effect on May 26, 2025.
What has changed?
❌ Use of FDR related to securities from unfriendly countries is prohibited
❌ No right to receive cryptocurrency or assets not permitted in the Russian Federation
❌ Lack of blocking capability by issuers and controlling persons
✅ At least one friendly jurisdiction must be included in the list of allowed countries
⚖️ Disputes are not considered in unfriendly jurisdictions
‼️ Only qualified legal entities will be able to purchase such FDR.
Let us remind you that the authorities are preparing to launch a cryptocurrency exchange for super-qualified investors — stay tuned for updates! 🚀
#CryptoAdoption #EthereumSecurityInitiative #BTC #xrp #BinanceAlphaPoints
