Russia outlines new digital depository rules ahead of fall crypto framework roll-out

The central bank's draft rules require digital asset platforms to hold up to $2.8 million in liquid capital as a sweeping regulatory framework looms.

• The Bank of Russia has published draft regulations to create organized cryptocurrency markets, extending existing securities market rules to digital assets.
• The proposals would establish regulated “digital depositories” with tiered capital requirements from 50 million to 250 million rubles, depending on the services they provide and the types of assets they hold.
• The draft rules, issued under a new digital assets law taking effect by September, are open for public assessment and come shortly after the European Union announced a new sanctions package targeting Russian-linked crypto firms.

Newsletters

1. 1 Payments firm OpenPayd targets year-end Nasdaq listing to fund U.S. expansion and acquisitions 5 hours ago
2. 2 Crypto job postings triple to over 1,200 in September, but applications fall 5 hours ago
3. 3 Cathie Wood says smart investors need to start watching where AI agents spend money 6 hours ago
4. 4 Crypto's Sisyphean struggle 8 hours ago
5. 5 BlackRock offers a glimpse of how tokenization may change your investment portfolio 8 hours ago
6. 6 Bank group sues U.S. regulator over granting crypto trust charters 1 day ago
7. 7 BNY in talks with Kraken parent Payward over infrastructure partnership 1 day ago
8. 8 Once a $2 billion Ethereum layer-2, Blast is shutting down after assets plunge 98% 1 day ago
9. 9 Trump’s potential AI czar, Jay Clayton, helped pioneer the SEC’s crypto crackdown 1 day ago
10. 10 America at a crossroads: Commissioner Peirce’s parting challenge 1 day ago

The Definitive Stablecoin Landscape Series: Asia Pacific

As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.

Why it matters :

As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.

Bank group sues U.S. regulator over granting crypto trust charters

SEC proposes new crypto custody rules for investment advisers and funds

Another Trump memecoin dinner advertised for token's top investors

Disclaimer: This article is for information only and does not constitute investment advice. Digital assets involve substantial risk.