Russia is regulating digital assets with a cryptocurrency licensing system.

Russia's Cryptocurrency Roadmap

The Central Bank of Russia has announced a comprehensive roadmap aimed at regulating the cryptocurrency ecosystem. This important step is seen as a critical turning point to ensure that investors can safely transact with digital assets.

Licensing Process to Start by 2026

According to the plan, the licensing process for cryptocurrency transactions in Russia will begin in 2026. This regulation aims to ensure that the trading of digital assets is conducted only by companies with an official license, contributing to the maintenance of market order.

Investor Safety and Legal Infrastructure

Vladimir Chistyukhin, First Deputy Governor of the Central Bank of Russia, emphasized in a statement at the Finopolis-2025 forum that the legal infrastructure is planned to be implemented in 2026. During this process, it is expected that license applications will be collected and the first authorized institutions will become operational by the end of the year.

Second Phase: Reforms to Come into Effect in 2027

The second phase of the legal regulation is expected to come into effect in 2027. During this period, administrative and criminal sanctions are anticipated to be imposed on unregistered or unauthorized cryptocurrency transactions. In this way, Russia aims to regulate the digital asset market, reduce the shadow economy, and maximize investor security.

In conclusion, Russia's reforms aim to create a secure space for investors by making cryptocurrency transaction processes transparent. These developments represent the beginning of a significant transformation process in the realm of digital investments.