⚡️ The Bank of Russia has included Bitcoin, Ethereum, and USDT in the list of cryptocurrencies available for public trading on Russian exchanges under new regulation.
Qualified investors will be able to purchase all cryptocurrencies that will be traded on exchange and over-the-counter markets, without restrictions. Before entering into transactions, all investors, regardless of their status, will need to undergo testing and review the risks of investing in crypto-assets.
“Non-qualified” investors will be able to trade only up to 300,000 rubles per year with a single broker.
🫡 Binance founder CZ is confident that crypto is not dead and that a supercycle will arrive soon.
“Let’s start with this: 2026 isn’t over yet. Yes, Bitcoin is trading at $60,000, and last time it traded at $60,000 after $80,000, we called that a ‘winter.’ But does that mean crypto will die? Definitely not! I believe a supercycle will happen.”
Supporters of BIP-110 broke off into a separate branch—however, within eight hours it mined only two blocks and stopped almost immediately.
BIP-110 (Bitcoin Improvement Proposal 110) is a controversial proposal to change the Bitcoin protocol in the form of a temporary soft fork, aimed at limiting the recording of arbitrary ("non-financial") data in the blockchain. The main goal of the initiative is to combat protocols like Ordinals and Runes, which, according to many crypto enthusiasts, clutter the network.
- Crypto is recognized as property. - Russians will be able to legally invest in crypto on Russian exchanges and use broker services. - Crypto trading will be controlled by the Bank of Russia. - Digital custodians will be responsible for accounting for and custody of cryptocurrencies under the supervision of the Bank of Russia as well. - Both qualified and unqualified investors, after passing a special test, will be able to buy crypto on exchanges. - “Unqualified” investors will be able to buy only the most liquid cryptocurrencies within a set limit — up to 300,000 rubles per year through one broker. - A “cooling-off period” will apply to crypto transactions, similar to bank transfers.
- Crypto is recognized as property. - Russians will be able to legally invest in crypto on Russian exchanges and use broker services. - Crypto turnover will be monitored by the Bank of Russia. - Digital depositories responsible for accounting for and custody of cryptocurrencies will be overseen, again, by the Bank of Russia. - Both qualified and unqualified investors, after passing a special test, will be able to buy crypto on exchanges. - “Unqualified” investors will be allowed to buy only the most liquid cryptocurrencies within a set limit—up to 300,000 rubles per year through one broker. - A “cooling-off period” will apply to crypto transactions, similar to bank transfers.
The Bank of Russia has published requirements for organizations that will be tasked with storing cryptocurrencies in Russia under new regulation:
- Minimum capital — 50 million rubles. - Minimum capital when working with foreign systems — 100 million rubles. - Capital of 250 million rubles or more for settlement depositories. - Cryptocurrency is prohibited from being recognized in own capital. - Depositories must keep full records of transactions and check clients for suspicious transactions.