The central bank's proposed regulations mandate that digital asset platforms maintain liquid capital of up to $2.8 million as comprehensive regulations approach.
By Olivier Acuna|Edited by Jamie Crawley Jul 28, 2026, 2:49 p.m. 2 min readMake preferred on ShareShare this articleCopy linkX (Twitter)LinkedInFacebookEmailMake preferred on The Bank of Russia presented new cryptocurrency regulations as the nation gears up to implement a digital assets framework in September. (Ludvig14/Wikimedia Commons)SummaryShow- The Bank of Russia has released draft regulations aimed at structuring cryptocurrency markets, applying existing securities market rules to digital assets.
- The proposed regulations would create regulated “digital depositories” with capital requirements ranging from 50 million to 250 million rubles, based on the services offered and asset types held.
- These draft regulations come under a new digital assets law effective by September and follow the European Union's recent sanctions package targeting Russian-affiliated crypto firms.
The Bank of Russia released its initial draft regulations as part of the country's move to regulate cryptocurrency, which includes capital requirements for entities managing and documenting digital assets.
These proposals aim to extend existing regulations from Russia's securities markets, including trading, custody, record-keeping, and disclosure rules, to the realm of digital assets.
The new framework will establish “digital depositories,” which are regulated entities tasked with recording cryptocurrency and other digital asset holdings. These depositories will need to maintain capital ranging from 50 million ($570,000) to 250 million rubles ($2.8 million), depending on the services they provide.
Settlement depositories will be required to hold 250 million rubles ($2.8 million) in capital, while firms managing crypto addresses or assets with foreign custodians will need 100 million rubles ($1.1 million), and other digital depositories will require 50 million rubles ($570,000).
Only liquid assets count towards these capital requirements, and financial assets must meet the central bank's credit quality standards. These requirements will also apply to operators of electronic platforms that facilitate transactions involving digital financial assets.
The central bank is set to keep registers of digital depositories, crypto exchange operators, and companies that issue digital financial assets.
These regulations were drafted under a digital assets bill passed by the State Duma on July 21 and approved by the Federation Council on July 24. The comprehensive cryptocurrency framework is expected to be fully operational by September. The central bank's proposals are still under review and are open for public comment.
This announcement from the central bank follows shortly after the European Union (EU) unveiled its 21st sanctions package, which targets 14 cryptocurrency firms, including A7, a stablecoin network valued at $120 billion.
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Markets repositioned since June, but Binance held share (~55% user funds, ~24% spot) and drew net inflows in early July while the tracked market saw outflows.
By CoinDesk ResearchJul 22, 2026Markets repositioned since June, but Binance held share (~55% user funds, ~24% spot) and drew net inflows in early July while the tracked market saw outflows.
Why it matters:
Markets repositioned since June, but Binance held share (~55% user funds, ~24% spot) and drew net inflows in early July while the tracked market saw outflows.
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