Russia: Bank of Russia explains admission rules for cryptocurrency market participants

On 24 September 2026, the Bank of Russia explained admission procedures for digital depositories, cryptocurrency exchanges and information system operators. These organisations must appear in the relevant registers.

A regulation establishes qualifications for managers and certain officials, application documents and the review procedure, including simplified admission features for existing participants. A separate ordinance governs register maintenance and publication of information. Both acts have been registered by the Ministry of Justice and take effect on 5 October 2026. Counterparty checks should therefore match an organisation’s identity and registered status with the particular service it offers.

Source: Bank of Russia, 24 September 2026.

Illustration: AI-generated for this publication.