Regulation· ★★★· bearish·

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