Bank of Russia Sets New Digital Asset Investment Rules
The Central Bank of Russia announced a revision to regulations covering investment in Russian digital financial assets (DFAs) on Dec. 30, 2025. The update reshapes the legal framework for DFA transactions and investor participation, aiming to provide clearer standards for issuance, custody and permitted investor activity within the domestic market.
The change matters because it can alter compliance obligations for exchanges, custodians and financial platforms and influence institutional and retail access to Russian DFAs. Market participants should review the new rules to assess impacts on product offerings, custody arrangements and KYC/AML procedures. While the full operational effects will depend on implementing guidance, the revision represents a step toward formalizing digital-asset activity under Russia's financial regulatory system and could affect liquidity and participation in domestic DFA markets.