Bank of Russia removes National Settlement Depository from the register of information system operators
The Central Bank of the Russian Federation has made an official decision to exclude the non-bank credit organization "National Settlement Depository" (NSD) from the register of operators of information systems in which digital financial assets are issued.
The National Settlement Depository plays an important role in the country's financial infrastructure. It provides custody for securities and handles settlements for transactions in the Russian financial market. The regulator's decision means that the NSD no longer has the right to issue digital financial assets (DFA) as part of its operations as an operator of such systems.
Experts note that the exclusion from the register is an administrative step that does not terminate the depository's core business. The NSD will continue to perform its key functions of servicing the securities market and ensuring the security of settlements for its clients.
At this moment, the Bank of Russia has not provided detailed comments regarding the reasons for this decision. In turn, representatives of the depository have not yet reported any significant changes in the organization's operations for private and corporate investors.
This event represents an important change in the regulation of the Russian digital asset market. Participants in the financial sector are advised to monitor further official clarifications from the regulator to understand how this decision will affect the development of digital finance instruments in Russia.