On October 6, VTB broker conducted its first pilot stablecoin transactions for corporate clients, settling through a digital depository within a regulated framework.

VTB Added to the Bank of Russia’s Digital Depository Registry

These are the first transactions following VTB’s inclusion in the Bank of Russia’s digital depository registry. The bank tested trading, accounting, and custody of digital assets ahead of launching the service for a broader client base.

The Bank of Russia Begins Forming Registries for Crypto Exchanges and Depositories

On the same day, the Bank of Russia started adding the first companies to the official registries of crypto exchanges and digital depositories, allowing them to begin operating in the regulated crypto market.