Bank of Russia Moscow Stock Exchange, St. Petersburg Stock Exchange, at a closed meeting with large brokers and operators of information systems for the issuance of digital financial assets (DFA), discussed the concept of trading by the latter. It says “Kommersant” about it.

Attendees at the meeting said the Central Bank had proposed to allow exchanges and central counterparties to participate in organized CFA trading.

According to them, exchanges favored the execution of trades through their infrastructure, while brokers were predominantly in favor. On the other hand, information systems operators believe that the adoption of exchanges “will very quickly kill the digital platform business that has no time to develop”.

Recall that the law “On CFA” entered into force on January 1, 2021 in the Russian Federation.

Currently, the license of the information system operator to manage the digital financial market from the Central Bank has been received by the platforms Atomyze, Sberbank and Lighthouse. It gives them the right to issue and circulate digital financial assets.