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Bank of Russia Tightens Crypto Regulations for Financial Institutions
Bank of Russia Tightens Crypto Regulations for Financial Institutions
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BTCCSquare news:
The Central Bank of Russia is preparing stringent capital requirements and risk management standards for banks engaging with digital assets. New rules, slated for 2026 implementation, will govern direct crypto exposures, crypto-linked financial instruments, and lending to cryptocurrency businesses.
Regulators have advised 97 domestic banks to maintain conservative risk assessments, requiring full collateralization of crypto instruments and capping exposures at 1% of capital. The move reflects growing institutional recognition of cryptocurrencies' systemic importance despite regulatory caution.
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