Russia Starts Licensing Crypto Exchanges And Custodians Under New Register

Crypto Insight Summary: Russia’s new regulated crypto-market framework has moved into operation, with the Bank of Russia adding firms including VTB, Sberbank and several specialist operators to registers covering cryptocurrency exchanges and digital depositories. Domestic crypto payments remain restricted, but regulated trading and custody infrastructure is now taking shape. Crypto Insight Analysis: Direction: Neutral Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Russia's regulated crypto framework provides institutional clarity but limited global impact.