Russia to Regulate Crypto as Monetary Assets by 2026

The Central Bank of Russia’s proposed cryptocurrency regulations, backed by Moscow and St. Petersburg Exchanges, aim for full implementation by July 2026 and pilot in March 2025.

This regulatory shift allows Bitcoin and stablecoin trading, offering extensive access for qualified investors, poised to reshape Russia’s cryptocurrency landscape.

Russia’s 2026 Crypto Regulation: What to Expect

Moscow Exchange and St. Petersburg Exchange have jointly supported the Central Bank of Russia’s comprehensive plan. This regulatory plan is designed to recognize Bitcoin and stablecoins as “monetary assets,” potentially reshaping cryptocurrency trading in Russia by 2026. While MOEX currently offers derivatives, both exchanges are preparing to launch spot trading following regulatory approval.

Anton Siluanov, Finance Minister, Ministry of Finance, said, “Together with the Central Bank, we will launch a crypto exchange for super-qualified investors. Crypto assets will be legalized, and crypto operations will be brought out of the shadows. Naturally, not within our country, but those operations that have been carried out today within the framework of the experimental legal regime.”

Market reactions highlight optimism and caution. Moscow Exchange has expressed readiness to leverage its existing technological infrastructure for spot trading upon legalization. This sentiment, echoed by St. Petersburg Exchange, suggests potential broader market entry if regulations proceed as planned.

Historical Context, Price Data, and Expert Insights

Did you know? The plan to recognize Bitcoin as a monetary asset marks a pivotal change in Russia’s financial regulations, similar to past moves by global financial hubs which have reshaped their digital currency landscapes dramatically.

Bitcoin, symbol BTC, currently trades at $87,647.17 with a market cap of approximately $1.75 trillion, according to CoinMarketCap. The past 90 days have seen a price decline of 19.81%, although the last 24 hours reflected a 0.94% increase. Bitcoin’s circulating supply is approaching its maximum limit of 21 million coins, with the market dominance at 59.15%.

Coincu research team suggests the regulatory framework could enhance Russia’s standing in the global cryptocurrency market, introducing structure and accountability. With historical trends in mind, analysts anticipate increased institutional engagement and enhanced investor confidence following these regulatory changes.