Russia’s Central Depository to Launch Security Token Blockchain Next Month

Russia’s National Settlement Depository (NSD) plans to launch its long-awaited digital asset ledger next month – 5,000 kilometers away from the institution’s Moscow headquarters.

Revealed exclusively to CoinDesk, the Moscow Exchange Group subsidiary chose Switzerland as the jurisdiction to incorporate D3ledger (Decentralized Digital Depository), a project that’s been in the works since 2017.

Artem Duvanov, head of innovation and a director at NSD, said it picked Switzerland for its congenial regulatory environment and potential for market-making in digital assets.

He told CoinDesk:

Read More at CoinDesk

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