EconomyNew licensed participants may enter Russia’s crypto market by year-end — Central Bank
New participants with expanded powers could enter Russia’s crypto market by the end of the year, Bank of Russia First Deputy Governor Vladimir Chistyukhin said. A transition period runs until mid-2027. The law governing digital currencies took effect on September 1, while domestic crypto and stablecoin settlements are treated as illegal currency transactions and can incur fines of up to 40% of the transaction amount.
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TASS★★★☆☆2026-09-21 10:58Original
New licensed participants may enter Russia’s crypto market by year-end — Central Bank