Russia has developed a common testing standard for cryptocurrency investors, with brokerage firms expected to become the first regulated intermediaries to assess customers before allowing them to buy and sell digital assets.
Summary
- Russia has developed a common testing framework for cryptocurrency investors, with brokerage firms expected to begin assessing customers by the end of November.
- Investors who pass the required assessment through one licensed intermediary will be able to use their results across other regulated cryptocurrency platforms without repeating the test.
- Russia’s central bank plans different testing requirements for qualified and nonqualified investors,…
