• About Us
  • Careers
  • Contact
No Result
View All Result
Sunday, October 19, 2025
DeFi Planet
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Markets
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverse
    • Glossary
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Markets
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverse
    • Glossary
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
No Result
View All Result
DeFi Planet
No Result
View All Result
Home News Latest News

The Bank of Russia Presents NFTs and Smart Contract Regulation

9 November 2022
in Latest News, News
Reading Time: 2 mins read
106 2
Russia's chief financial regulator stated that the country now has a stable regulatory environment that is conducive to the development of a legitimate market for digital assets.

Source: pymnts.com

In a recent consultative report, Russia’s chief financial regulator stated that the country now has a stable regulatory environment that is conducive to the development of a legitimate market for digital assets. However, it may introduce more specific regulations for the taxation of utility tokens and digital securities. 

According to the report, where digital assets offer similar features to traditional securities, they may be regulated similarly. A new regulatory framework that differs from the one currently in place for the securities market can be developed if the underlying technology enables it to manage consumer risks and the necessity for regulating smart contracts. The report mainly addresses issues with distributed digital assets in Russia according to the 2020 law on digital assets.  

The Russian regulator proposed integrating digital asset trading into the infrastructure of the traditional stock market. The report recommends that regulations governing access to the market for digital assets should be aligned with those governing traditional securities markets so that unqualified investors can access both within a cap of 100,000 rubles ($1,640) per year or more if they pass a financial literacy test. 

The report also recommends developing a legal framework for tokenizing securities, debt, precious metals, and stones, as well as issuing non-fungible tokens (NFTs) that certify property rights and developing more specific rules addressing the taxation of digital securities and utility tokens.  

A framework for permitting digital assets issued outside the Russian market is also considered essential by the regulator, but only for those that comply with the quality requirements.

 

If you would like to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, and Instagram.

“Take control of your crypto portfolio with MARKETS PRO, DeFi Planet’s suite of analytics tools.”

Share63Tweet39Share11
Favour Udeo

Favour Udeo

Favour is a writer, who is interested in blockchain, DeFi, and Web3 in general. She finds machine learning and emerging technologies interesting.

Related Posts

Investors cool off on Bitcoin treasury firms as market saturation, mNAV drops, and weak strategies expose flaws in the Bitcoin-stacking trend.
Bitcoin

Bitcoin Treasury Craze Fades as Investors Grow Selective Amid Market Saturation

17 October 2025
Ghana to Regulate Crypto by Year-End as Parliament Prepares New Bill
Crypto

Ghana to Regulate Crypto by Year-End as Parliament Prepares New Bill

17 October 2025
Japan’s Biggest Banks Unite to Launch Yen- and Dollar-Pegged Stablecoin for Global Settlements
News

Japan’s Biggest Banks Unite to Launch Yen- and Dollar-Pegged Stablecoin for Global Settlements

17 October 2025
FSB Flags Data Privacy as Major Barrier to Global Crypto Regulation
Crypto

FSB Flags Data Privacy as Major Barrier to Global Crypto Regulation

17 October 2025

Editors Picks

Web3 in 2025: Where We Are, What’s Next, and What the Data Says

Web3 in 2025: Where We Are, What’s Next, and What the Data Says

byOlayinka Sodiq
21 July 2025
0

What Is a Rebase Token and How Does It Work?

What Is a Rebase Token and How Does It Work?

byOlajumoke Oyaleke
28 June 2025
0

What Are DeFi Options Vaults, and How Do They Work?

What Are DeFi Options Vaults, and How Do They Work?

byOlajumoke Oyaleke
26 June 2025
0

What Are Teardrop Attacks in Crypto?

byOlajumoke Oyaleke
17 June 2025
0

What Are Fractional NFTs, and How Do They Work?

What Are Fractional NFTs, and How Do They Work?

byBlessing Lisafi
7 February 2024
0

Read More

Chain of Thoughts

The Aesthetics of Web3: Why Vibe Matters in Decentralized Communities

The Aesthetics of Web3: Why Vibe Matters in Decentralized Communities

byOlu Omoyele
27 September 2025
0

...

Zero-Knowledge Everything: Trust, Privacy, and Verification in the Digital Age

Zero-Knowledge Everything: Trust, Privacy, and Verification in the Digital Age

byOlu Omoyele
30 August 2025
0

...

What Happens When AI Gets a Wallet?

What Happens When AI Gets a Wallet?

byOlu Omoyele
31 July 2025
0

...

The Game-changing Triumvirate: Blockchain, Data Science, and Artificial Intelligence

The Game-changing Triumvirate: Blockchain, Data Science, and Artificial Intelligence

byOlu Omoyele
30 June 2025
0

...

Markets Update

Your Weekend Crypto Roundup | October 2025 (Week 3)

2 days ago

Crypto in Latin America: Adoption Booms as Media Visibility Falls

5 days ago

Your Weekend Crypto Roundup | October 2025 (Week 2)

1 week ago

Your Weekend Crypto Roundup | October 2025 (Week 1)

2 weeks ago

What $1 Billion in Liquidations Means for Market Stability

3 weeks ago

Why Crypto’s Cross-Chain Future Depends on Regulatory Readiness

3 weeks ago
Read More

Events

  • No events
  • Spotlight

    All about Ethereum
    All about Algorand
    All about Bitcoin
    All about Gora

    Press Releases

    Billionaire Tim Draper Leads $3.2M Seed Round for Ryder to Replace Seed Phrases With TapSafe Recovery

    bychainwire
    18 October 2025
    0

    Seascape Launches First Tokenized BNB Treasury Strategy on Binance Smart Chain

    bychainwire
    16 October 2025
    0

    xMoney Launches $XMN on Sui, Expands Listings Across Global Exchanges

    bychainwire
    15 October 2025
    0

    ZETA NETWORK GROUP (NASDAQ: ZNB) STRENGTHENS BALANCE SHEET WITH USD 231 MILLION BITCOIN-BACKED INVESTMENT AMID MARKET TURBULENCE

    bychainwire
    15 October 2025
    0

    On-Chain Cultural Assets: Decoding City Protocol’s IP Capital Market

    bychainwire
    14 October 2025
    0

    Read More

    ADVERTISING

    ABOUT

    TEAM

    CAREERS

    CONTACT

    TERMS & CONDITIONS

    PRIVACY POLICY

    © Copyright 2025 DeFi Planet

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In

    Add New Playlist

    No Result
    View All Result
    • News
      • People
      • Business
      • Crime
      • Regulation
      • Crypto
      • CBDC
    • Markets
      • Bitcoin
      • Ethereum
      • Stablecoins
      • Altcoins
      • Crypto ETFs
      • Memecoins
    • Policy
    • Articles
      • Press Releases
      • Opinion
      • Explainers
      • Guest Post
      • Sponsored
    • Directory
      • Companies
      • People
      • Products
      • Wallets
    • Multimedia
      • Videos
      • Podcasts
    • Learn
      • DeFi Basics
      • Tutorials
      • Reviews
      • Blockchain Fundamentals
    • Research
      • Case Studies
    • Explore
      • DeFi
      • Crypto Gaming
      • NFT
      • DAO
      • Metaverse
      • Glossary
    • Jobs
    • Markets Pro
      • DeFi Planet Pro
      • Spend Crypto
      • Swap Crypto
      • Coin Prices
      • Crypto Exchanges
      • Crypto Analyzer

    © Copyright 2024 DeFi Planet   |   Terms & Conditions   |   Privacy Policy

    -
    00:00
    00:00

    Queue

    Update Required Flash plugin
    -
    00:00
    00:00