@carrbulwer
PANews reported on October 10th that according to Cryptopolitan, Vladimir Chistyukhin, First Deputy Governor of the Central Bank of Russia (CBR), revealed at the Finopolis forum that the Russian Central Bank has decided to allow banks to engage in cryptocurrency business, but will introduce strict capital limits and reserve requirements. Chistyukhin admitted: "We are taking a conservative approach. We are considering, for example, whether including cryptocurrencies on the balance sheet truly falls within the scope of banking business." However, he also admitted: "After discussions with the professional banking community, we believe that it may make sense to not rule out banks' participation in such business."
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