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Bank of Russia Tells Stock Exchanges to Avoid Crypto-Related Funds

CoinDesk
 2021-07-22

Cover picture for the articleThe central bank doesn't want crypto ETFs on the country's capital markets. According to a notice and explanatory letter published by the Bank of Russia, stock exchange operators should avoid listing any securities, such as exchange-traded funds, that provide payments based on the prices of cryptocurrencies, digital assets issued abroad, cryptocurrency price indexes, crypto derivatives and securities issued by cryptocurrency-related funds.

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