Russia to Introduce Licensed Crypto Exchanges from September 1
- —Exchangers must join a registry and hold 15 million rubles in own funds plus anti-fraud systems
- —Non-qualified investors need testing, risk disclosure and must stay within central bank limits
- —Two or more trades per month above 3.5 million rubles count as exchange activity
- —From July 1, 2027, trades outside licensed intermediaries will be prohibited
Why it matters: Russia introduces crypto exchange licensing for the first time, reshaping rules for local investors and trading platforms.
Source: Cryptocurrency.tech
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Regulation · Sep 28Russia opens crypto exchange registration on October 5, but retail asset list still pending