The cryptocurrency ecosystem in Russia has probably grown accustomed to working amidst uncertainties surrounding digital currency regulations. Various government agencies have a different take on Bitcoin and other digital currencies, but the implementation of blockchain technology is being looked upon in a favorable light by all the agencies involved.
Starting with the creation of a consortium of banking and financial institutions for standardization of blockchain-based applications, the industry has reached a new landmark. In a recent update, Russia’s central securities depository — National Settlement Depository (NSD) is looking forward to implementing blockchain technology into its operations. In order to achieve this, NSD has already inked a partnership with iCoinSoft Exchange Platform, a white-labelled cryptocurrency exchange solutions provider.
http://www.newsbtc.com/2016/11/10/russia-nsd-icoinsoft-partner/