Russia's Central Bank Proposes Tagging Criminally Obtained Crypto
- —Central Bank calls crypto tagging mandatory to trace criminal funds
- —Crypto turnover in Russia estimated at 50 billion rubles per day, about 10 trillion a year
- —Around 20 million crypto users in the country with 3.7 trillion rubles invested
- —N31 and N32 ratios to cap bank crypto exposure at 1% from January 2027
Why it matters: Tighter oversight and coin tagging could complicate crypto circulation in Russia and affect exchanges and custodians.
Source: BeInCrypto RU
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