Bank of Russia issues ordinance on cryptocurrency trading

Exchanges are authorised to begin cryptocurrency trading from 22 November 2026, provided that they obtain the regulator’s concurrence with their trading rules. The Ministry of Justice of Russia has registered the Bank of Russia Ordinance which sets out requirements for organised trading in digital currencies and digital rights.

Exchanges will be required to register cryptocurrency trading participants (e.g. brokers, trust managers, central counterparties), maintain registers of orders and transactions and monitor trading. They are further required to calculate price indicators, such as current, weighted average, market and closing prices.

Exchanges must provide the Bank of Russia with information on the progress and results of trading following the same procedure as they currently do for other assets.

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