
Bank of Russia Proposes Tighter Controls on Crypto Transactions
- —Bank of Russia released a draft internal-control regulation for crypto operations
- —Digital depositories could refuse to open crypto wallets for clients
- —Transactions could be suspended without data on the parties involved
- —The market for such services was valued at RUB 13.3 trillion in 2025
Why it matters: Tighter rules for digital depositories reduce anonymity in Russian crypto transactions and raise compliance costs for market participants.
Source: CoinSpot
More on this
Regulation · Sep 25Russia's Finance Ministry and Central Bank Draft Rules for Crypto Transaction Analytics Providers
Regulation · Oct 1Russia's Central Bank Proposes Including Crypto Holdings in Bank Statements
Regulation · Oct 9Russia's Central Bank Proposes AML Rules for Digital Asset Depositories