Russia to offer ‘simple licensing’ for crypto exchanges and custodians

Russian regulators are promising a “simple licensing” regime for crypto platforms that keep away from the country’s securities market. The relaxed requirements for coin trading and wallet services should bring more of the already active providers out of the shadow economy. Bank of Russia seeks to legalize existing crypto firms through easier rules Licensing procedures […] source: https://www.cryptopolitan.com/russia-simple-licensing-for-crypto-exchanges/