Russian exchanges may offer cryptocurrency trading from November 22, 2026, if they first agree on trading rules with the Bank of Russia, TASS reported. The Russian Ministry of Justice has registered the relevant directive.
Why it matters
The directive establishes a route for exchanges to offer crypto trading under central bank oversight. Exchanges must register brokers, trustees and central counterparties as trading participants, maintain order and transaction records, and monitor trading activity.
Market impact
The framework makes market access conditional on agreement with the regulator. Exchanges must calculate spot, weighted average, market and closing prices, and submit trading data and results to the central bank under existing reporting procedures for other assets.
Frequently asked questions
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When can Russian exchanges begin offering cryptocurrency trading?
The Bank of Russia says exchanges may offer cryptocurrency trading from November 22, 2026, provided they first agree on trading rules with the regulator.
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What approval must exchanges obtain before offering crypto trading?
Exchanges must first agree on their trading rules with the Bank of Russia.
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Which participants must exchanges register under the directive?
Exchanges must register brokers, trustees and central counterparties as trading participants.
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What records and market prices must exchanges maintain or calculate?
Exchanges must maintain order and transaction records and calculate spot, weighted average, market and closing prices.
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How must exchanges report crypto trading activity to the central bank?
They must submit trading data and results under existing reporting procedures for other assets.
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