Russia's Central Depository Plans to Build Its Own Cryptocurrency Wallet

Russia's National Settlement Depository (NSD), the central depository for Moscow Exchange, the largest exchange group in Russia, is developing a blockchain platform to provide deposit and settlement services for digital assets and cryptocurrencies.

Built in partnership with Waves Platform, the public blockchain project designed for the launch of distributed applications had previously said in a blog post that it had struck a deal to become the NSD's technological partner, at the time, noting that it had has already started developing a prototype.

Russia's National Settlement Depository (NSD), the central depository for Moscow Exchange, the largest exchange group in Russia, is developing a blockchain platform to provide deposit and settlement services for digital assets and cryptocurrencies.

Relation to Cryptocurrency:
News Category: Blockchain