Russia to impose stricter rules on banks that handle crypto transactions – Blockonomi

TLDR

• The Central Bank of Russia is planning stricter regulations for financial institutions that handle cryptocurrency transactions.
• The new rules will enforce the capital requirements and impose restrictions on loans provided to crypto companies.
• Banks will be advised to limit crypto transactions to no more than 1% of their capital to reduce the risk.
• The Russian state of Duma insists on the central bank to legalize cryptocurrency exchanges to combat illegal trade.
• The Central Bank in Russia remains against crypto payments in the country, despite the relief of restrictions on the use of crypto in foreign trade.

The Russian Central Bank (CBR) is planning to introduce stricter regulations for financial institutions that have to do with digital assets. The new rules are aimed at reducing risks related to crypto transactions for banks. These regulations are expected to take effect in 2026. The CBR plans to impose specific capital requirements and to introduce standards for investments with regard to cryptocurrencies.

Russia to force stricter capital rules for banks

The new regulations will enforce stricter capital requirements for banks involved in crypto-related activities. Financial institutions will also be confronted with loans provided to crypto companies. The CBR emphasized that banks should become careful with cryptocurrency operations until the rules are fully implemented. The authorities suggested that crypto transactions are limited to no more than 1% of a bank’s capital.

The Guidelines of the Bank of Russian also include the introduction of new standards for crypto -based financial instruments. These instruments, purchased or published by banks, are subject to the new regulations. The intention is to protect both commercial banks and their customers against potential risks associated with crypto markets.

Press the central bank to relax her crypto posture

Despite its historically strict position on decentralized cryptocurrencies such as Bitcoin, the Russian Central Bank recently soften its position. Earlier this year, the regulator allowed to be limited by Western sanctions to crypto use in foreign trade. However, the CBR remains firmly against allowing crypto payments in Russia.

Recently the Russian state of Duma insisted on the CBR To create the creation of a network of legal crypto fairs. The legislators claim that legalizing cryptocurrency -trading could reduce illegal crypto circulation and help build trust in financial institutions.

At the same time, the Russian Ministry of Finance worked on plans for a cryptocurrency exchange aimed at qualified investors. This initiative would work in collaboration with the Central Bank of Russia. While Russia is preparing to launch its own digital rubles in 2026, these movements reflect the complex approach of the country for cryptocurrencies.