Bank of Russia Creates New Rules For Crypto Trading 

Bitcoin Magazine Bank of Russia Creates New Rules For Crypto Trading  Russia’s central bank on Monday published draft regulations for the trading of digital currencies.  The Bank of Russia released the changes to its “organized trading” rules, including the term “digital currency” throughout.  The new rules are for organizations like crypto exchanges, which now have to report digital assets into their existing systems for pricing, monitoring and reporting — using the same processes they already run for regular currencies and securities.

NEW: Bank of Russia says it has drafted "first regulations to launch cryptocurrency market in Russia." "The Bank of Russia has created conditions for organised trading in digital currencies and digital rights." pic.twitter.com/vrj0Qgo7A9— Bitcoin Magazine (@BitcoinMagazine) July 28, 2026 Russia’s central bank is implementing the new rules as the State Duma prepares comprehensive regulation of crypto.  Pro-Bitcoin Russia?  While the new rules don’t specifically mention Bitcoin, Russia has a complex relationship with the leading cryptocurrency.  Using crypto has been illegal in Russia as a form of payment since 2022 but lawmakers in the country have been open about using them for international settlements.

President Vladimir Putin has also spoken about how the country has “competitive advantages” when it comes to Bitcoin mining due to the abundance of cheap energy in Russia.  And back in 2023, the Russian legislature passed...