The Central Bank of Russia tightens cryptocurrency regulation

The Central Bank of Russia (CBR) is preparing to impose new regulations for activities related to cryptocurrencies in order to reduce risks for the banking system. According to the plan, CBR will introduce capital requirements, standards for direct and indirect investment in crypto, along with limits on the value of financial instruments based on cryptocurrencies not exceeding 1% of bank capital. In addition, loans for crypto businesses will also be closely monitored.

Despite having long opposed the legalization of crypto, the CBR has been forced to relax its stance due to Western sanctions, allowing limited use in international trade and opening up investment through derivatives. However, Russian lawmakers are pushing for the establishment of a legal exchange to reduce illegal trading and increase financial confidence. At the same time, Russia plans to launch a digital ruble from 1/9/2026, indicating that the country is tightening the crypto space to pave the way for a national digital currency.