Crypto▲ Bullish
Bank of Russia Drafts Rules for Crypto Trading and Custody
Russia's central bank proposes crypto trading rules with capital requirements and a central registry. Public consultation underway before Sept. 2026 implementation.
Continue with
The Bank of Russia published draft rules that would bring cryptocurrencies into the country's regulated exchange framework and create a new class of licensed digital depositories, the central bank said.
The proposals, released for public consultation, would set minimum capital requirements for crypto service providers and require the central bank to maintain an official registry of digital depositories, according to the bank's announcement.
Under the draft, trading platforms would calculate market and weighted-average prices for digital assets and disclose trading data to the Bank of Russia. The rules also introduce trading suspension procedures for digital assets.
Digital depositories would become a new regulated category of financial institution responsible for recording ownership of cryptocurrencies and digital rights. Depending on their business activities, including operations involving public blockchains or post-trade settlement, these entities would need to hold between ₽50 million and ₽250 million in minimum equity composed of liquid, high-credit-quality assets, the bank said.