The Bank of Russia will prepare a list of initiatives to regulate the Central Administration – Bits Media

The heads of the Central Bank of the Russian Federation announced the readiness of the regulator for regulatory and technological support of the alternative areas of the financial industry.

Speaking at the FINOPOLIS forum, dedicated to innovations in the finance industry, Chairman of the Board of Bank of Russia Elvira Nabiullina said, that time, when financial institutions were considered as very conservative, Let it be reliable, "It went deep into the past".

The head of the Central Bank believes, that despite the inherent financial industry pragmatism, It is necessary to gradually shift accents from the utilitarian use of traditional technologies towards innovation. This will not lose the technological advantage.

In particular, This applies to issues of tokenized non -cash calculations, Prospects for the development of digital financial assets (CFA) and digital ruble, as well as the future place of decentralized finance (DeFi) In the traditional financial market.

Deputy Chairman of the Central Bank Olga Skorobogatova explained, that in his work the regulator pursues three goals: Improving taxation and elimination of tax arbitration, Development of exchange platforms, Regulation of smart contracts.

"We, As stated, from April 2023 year we will launch real operations with some clients on the digital ruble platform. In our pilot project now 15 banking, 10 of them have already developed their mobile applications and test the client path. We count, that this is a very good new tool for participants in the financial market, and by the end of the year we plan to formulate a list of regulation initiatives ", - said Olga Skorobogatova.

The official reported, that the regulator has begun to consider nine applications of companies, wishing to obtain a license to issue and appeal digital financial assets. She noted, that three "information system operators" - Sberbank have already been authorized for this., Atomize and “Mayak”.

Earlier, the Central Bank issued
Consulting report, in which he spoke about the situation in the field of digital financial assets (CFA) and prospects for the development of this direction.