Russian exchanges will be able to start crypto trading from 22 November 2026, provided they first agree their trading rules with the regulator, the Bank of Russia has said, according to a report by Chinese-language outlet PANews that cites Russian news agency TASS.
PANews reported on 11 November that the Russian Ministry of Justice has registered the central bank’s order setting requirements for the organized trading of digital currencies and digital rights. The order is the formal basis for exchange-based crypto trading in the country.
What exchanges must do
According to the report, the rules require exchanges to register trading participants, including brokers, trust managers and central counterparties. Exchanges must also keep records of orders and trades and monitor trading activity.
Exchanges are also required to calculate price indicators, namely current, weighted average, market and closing prices. They must report trading information to the Bank of Russia in the same way as for other existing assets, the report said.
Link to the retail rules
The report adds that the Bank of Russia has already finalized rules for retail crypto trading, which are due to take effect on 17 November, five days before the earliest date for exchange trading.
What is still unknown
Several key details are not covered in the available report. It does not say which exchanges plan to launch crypto trading or when they will agree their rules with the regulator. It also does not specify which crypto assets will be allowed to trade, or whether participants face restrictions beyond those described.
The account also rests on a secondary report. The original Bank of Russia statement and the Ministry of Justice registration were not available for review, so the details could change once the primary texts are examined.
Sources
- panewslab.com PANews — 俄罗斯央行：交易所最早可于11月22日启动加密货币交易 Accessed
Comments