Financial platforms in #Russia grew significantly in terms of the number of clients last year, but not in monetary terms. The number of users increased eightfold, while the volume of transactions increased only 1.5 times (according to data from the #CentralBanking ).

The idea behind these platforms is to simplify financial companies' access to their audience and replace remote service channels.
In practice, only 6.6% of the adult population opened deposits through marketplaces, 5.5% took out loans, and 3.7% purchased insurance.

Currently, there are 10 operators of financial platforms in the Central Bank's registry. Besides the familiar Finuslugi, Sravni, and Banki.ru, they include VTB Registrar, #ONLY_BANK , Open Financial Marketplace, Finfort, Vanta, Unified Financial Solutions, Financial Platform, and Universal Financial Technologies. The latter was included in the registry at the end of June 2024.
4o

SPB Exchange plans to participate in the EPR for conducting cryptocurrency trading.

Last year, the Central Bank included it in the register of information platform operators for issuing digital financial assets (DFA).

Due to the introduction of the concept of foreign digital rights in the newly adopted mining law, which can be applied to most cryptocurrencies, and due to the previously adopted law on international settlements using DFA, it can be said that settlements using cryptocurrency will be organized through information system operators (organizations authorized to issue DFA), according to Denis Polyakov, GMT Legal.

#ONLY_BANK #TradingShot #aml #bank #Russia