Regulation· ★★★· neutral·

Russia's Finance Ministry: New Laws Will Reveal True Size of Crypto Market

  • Chebeskov: much of the market remains outside the regulated perimeter, so estimates rely on expert views
  • Chistyukhin: the central bank is holding informal consultations with banks, brokers and crypto exchangers
  • Minimum capital for digital depositories is 50 mln rubles, 100 mln for work with foreign systems
  • First licenses and registry inclusion are possible before the end of 2026
Why it matters: Building a legal framework in Russia will shape market access for participants and the scale of institutional capital.
Source: BeInCrypto RU