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Russia and Crypto Enforcement

Russia's regulation and policing of crypto, from Bank of Russia licensing and the digital currency law to FSB and Rosfinmonitoring use of exchange data.

Current stories

investConfirmed4 publishers

Sberbank enters Russia's nine-firm crypto exchange register ahead of a Dec. 1 product launch

Sberbank, Russia's largest lender, won Bank of Russia approval to run crypto exchange services, with first products due Dec. 1. US Treasury sanctions rules cover crypto transactions with blocked Russian institutions as well as fiat transfers.

Perspective Coverage

4 publishers
Builder
Builder 20%
Operator
Operator 38%
Investor
Investor 42%

Reality

Evidence68
Adoption8
Hype gap+15
Incentives50
Confidence72
investConfirmed4 publishers

Sberbank and VTB take three of the nine slots in Russia's first crypto registers

Bank of Russia's first crypto registers give Sberbank and VTB three of the nine slots. Both banks plan to open crypto trading to their clients by December, though Sberbank's listing so far covers custody alone.

Perspective Coverage

4 publishers
Builder
Builder 11%
Operator
Operator 48%
Investor
Investor 41%

Reality

Evidence72
Adoption15
Hype gap+10
Incentives40
Confidence70
investOne report1 publisher

Bank of Russia would write clients' crypto into the bank statements behind officials' asset declarations

Bank of Russia draft rules would make banks list clients' crypto, sale income and mining proceeds on account statements from July 1, 2027. Officials file those statements with anti-corruption declarations, so their coins in licensed custody would reach the state on a bank's record.

Reality

Evidence45
Adoption
Not scored
Hype gap+10
Incentives
Not scored
Confidence50
investConfirmed4 publishers

A five-year price history rule now decides what Sber can lend against

Sber says it will take USDT and Ether as loan collateral once the Bank of Russia permits public trading, which means the menu is set by the listing tests the central bank published on 11 August, not by the bank's appetite.

Perspective Coverage

4 publishers
Builder
Builder 9%
Operator
Operator 45%
Investor
Investor 46%

Reality

Evidence62
Adoption18
Hype gap+25
Incentives50
Confidence64
investOne report1 publisher

Moscow Exchange to list BTC and ETH perpetuals in September as Russia's digital currency law lands

MOEX says its first two perpetual futures, on bitcoin and ethereum indices, arrive in September, days after the digital currency law takes effect and with the approved asset list down to three.

Reality

Evidence34
Adoption27
Hype gap+22
Incentives68
Confidence42
investOne report1 publisher

Binance handed Russia's FSB the donor trail in a $6,500 terrorism case

A data-sharing arrangement struck with Rosfinmonitoring in 2021 turned exchange records into evidence. The sum at issue was roughly $6,500.

Reality

Evidence26
Adoption18
Hype gap+34
Incentives66
Confidence28