Russia’s National Settlement Depository (NSD) is considering building a platform for handling cryptocurrency assets to corner the nascent market.As local news portal Kommersant reports, the NSD is currently researching proposals to formally interact with crypto tokens, a source confirming interest in the project.“The NSD along with market players is considering options in this field in light of regulatory initiatives,” the organization’s press service told the publication.
“As per our assessments, the technology behind the securities market has the potential to incorporate crypto assets.”
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