Crypto Exchange Binance Joins Expert Center at Russian Banks Association – Exchanges Bitcoin News - BitcoinEthereumNews.com
Digital asset exchange Binance has become the first crypto company to support the Association of Banks of Russia in efforts devoted to regulating the countrys growing cryptocurrency market. The coin trading platform will also work with authorities in Moscow as they try to adopt rules for the industry. Binance to Provide Crypto Expertise to Russian Banking Sector and Government The worlds leading cryptocurrency exchange, Binance, has joined the Association of Banks of Russia (ABR) to share its regulatory experience with Russian financial institutions and government as they tailor their approach to oversight in the crypto space. Anouncing the move to local media, its representatives noted that Binance is the first crypto platform to work within the banking industry organization. The ABR has recently established an Expert Center on Digital Financial Assets and Digital Currencies, tasked to study the global practice of regulating the circulation of crypto assets. The body will also serve as a platform for dialogue between experts in the field of cryptocurrencies and Russian federal authorities and legislators, RBC Crypto reported. Olga Goncharova, director of government relations at Binance for Russia and the CIS countries, has been appointed to lead the expert center. Binances Director for Eastern Europe Gleb Kostarev emphasized