Russia: Bank of Russia ban of digital currency investments for mutual funds
Progress
Current status
processing consultation
27 Dec 2021 processing consultation
13 Dec 2021 in consultation
Scope
Implementers
Russia
Policy Area
Authorisation, registration and licensing
Policy Instrument
Authorisation of goods or services
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
central bank
Implementation Level
national
Timeline of events
Closed consultation on Central Bank ban of digital currency investments for mutual funds
The Bank of Russia closed the consultation on a draft ordinance containing new rules for the mutual funds operating in the country. Particularly, the draft ordinance states that mutual funds cannot invest in digital currencies or in financial instru…
SourceEvent type
order
Action type
consultation closed
Government branch
executive
Government body
central bank
Opened consultation on Central Bank ban of digital currency investments for mutual funds
The Bank of Russia opened a consultation on a draft ordinance containing new rules for the mutual funds operating in the country. Particularly, the draft ordinance states that mutual funds cannot invest in digital currencies or in financial instrume…
SourceEvent type
order
Action type
consultation opened
Government branch
executive
Government body
central bank