Friday, July 1, 2022

Financial Companies Report First Deal With Digital Assets Under Russian Law

Two companies have carried out Russia’s first transactions with digital financial assets as defined by the country’s current legislation. The deal involved the tokenization of debt issued by a third party and its subsequent acquisition. In contrast with the standard factoring procedure, the client does not need to conclude a service contract to assign commercial […] The post Financial Companies Report First Deal With Digital Assets Under Russian Law first appeared on PR Business News Wire.
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