Disclaimer: Information found on CryptoreNews is those of writers quoted. It does not represent the opinions of CryptoreNews on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoreNews covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.
The Central Bank of Russia has announced the timeline for the commencement of regulated cryptocurrency trading., 2026/02/20 15:15:33
Cryptocurrency trading on state-controlled platforms may commence within this year, as stated by Ekaterina Lozgacheva, the director of the strategic development department of the Bank of Russia.
The primary condition highlighted by the department director is the revision of legislation concerning the regulation of the crypto market, which is expected to be reviewed by the State Duma during the spring session, specifically before July 1. Lozgacheva refrained from disclosing specifics about the digital assets bill, citing that it is currently not feasible since the document has yet to be submitted to parliament.
Related Posts
“Once the bill is presented in the State Duma, there will be an opportunity to discuss many details very soon,” Lozgacheva remarked at the “Cybersecurity in Finance” forum.
At the end of December, the Central Bank sent a concept for cryptocurrency regulation to the government. Deputy Finance Minister Ivan Chebeskov indicated that the government plans to introduce a bill or a package of bills based on this concept to the State Duma in March. The Ministry of Finance is optimistic that the Federal Assembly will approve it by July.
According to the Central Bank’s concept, cryptocurrencies are recognized as monetary assets: they can be bought and sold, but cannot be used as a means of payment within the country. The Central Bank aims for cryptocurrency transactions to be conducted primarily through existing infrastructure—registered exchanges and platforms, such as brokerage services. The purchasing rules will vary for different categories of investors. Non-professional investors who have not undergone special testing will be allowed to purchase crypto assets up to 300,000 rubles annually, although the exact amount is still under discussion in the government.
Previously, Central Bank head Elvira Nabiullina warned that the government is considering penalties for investors trading cryptocurrencies outside of government-controlled infrastructure.
