Digital financial assets (DFAs) for a total exceeding $26 million have been issued in Russia in the past year.This new market has been developing since it was regulated in 2021 and the country's monetary authority started licensing issuers in the following year.Volume of Digital Assets Increases in Russia as Investors Seek Alternatives to Traditional Instruments Less than a year since Central Bank of Russia (CBR)-approved entities began issuing digital financial assets, these have issued DFAs for 2 billion rubles (over $26 million).
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