Russia’s Central Bank Prepares Crackdown on Crypto in New 2026–2028 Strategy
The post Russia’s Central Bank Prepares Crackdown on Crypto in New 2026–2028 Strategy appeared on BitcoinEthereumNews.com. Regulations 17 September 2025 | 21:30 Moscow’s top financial regulator has placed cryptocurrencies at the center of its upcoming risk agenda, warning that Bitcoin, stablecoins, and other digital assets could destabilize Russia’s financial system in the years ahead. The Central Bank of Russia’s long-term strategy for 2026 to 2028 paints a picture of growing concern. The document, prepared for the Kremlin, argues that the rapid global spread of “money surrogates” threatens both monetary sovereignty and investor safety. Officials say the ability to use digital assets as an alternative means of payment is particularly troubling. Crypto Risks Outlined The report highlights three dangers the regulator intends to address: the absence of safeguards for investors, the appeal of digital assets in criminal finance, and the expansion of instruments tied to cryptocurrencies such as derivatives and tokenized securities. Officials caution that the lack of a responsible guarantor means citizens could lose entire holdings, while anonymity makes tracking illicit flows more difficult. Mining and Investment Products Under Review Although Russia legalized crypto mining in 2024, the central bank now wants closer oversight of miners’ operations starting in 2026. At the same time, it plans to keep tight restrictions on crypto-based financial instruments, which remain accessible only to “qualified investors” through licensed intermediaries. The regulator also pointed to fraud as a growing problem. By its own estimates, more than four out of five pyramid schemes discovered in early 2025 involved digital asset payments. Anonymous Exchanges in the Crosshairs In addition to oversight of miners and investors, the Bank of Russia has singled out peer-to-peer crypto platforms and unregistered exchanges as part of what it calls “shadow business,” alongside gambling sites and narcotics markets. A new monitoring platform, branded Antidrop, will be launched to detect so-called “money mules” who process illicit payments through bank accounts and…
The post Russia’s Central Bank Prepares Crackdown on Crypto in New 2026–2028 Strategy appeared on BitcoinEthereumNews.com.
Regulations 17 September 2025 | 21:30 Moscow’s top financial regulator has placed cryptocurrencies at the center of its upcoming risk agenda, warning that Bitcoin, stablecoins, and other digital assets could destabilize Russia’s financial system in the years ahead. The Central Bank of Russia’s long-term strategy for 2026 to 2028 paints a picture of growing concern. The document, prepared for the Kremlin, argues that the rapid global spread of “money surrogates” threatens both monetary sovereignty and investor safety. Officials say the ability to use digital assets as an alternative means of payment is particularly troubling. Crypto Risks Outlined The report highlights three dangers the regulator intends to address: the absence of safeguards for investors, the appeal of digital assets in criminal finance, and the expansion of instruments tied to cryptocurrencies such as derivatives and tokenized securities. Officials caution that the lack of a responsible guarantor means citizens could lose entire holdings, while anonymity makes tracking illicit flows more difficult. Mining and Investment Products Under Review Although Russia legalized crypto mining in 2024, the central bank now wants closer oversight of miners’ operations starting in 2026. At the same time, it plans to keep tight restrictions on crypto-based financial instruments, which remain accessible only to “qualified investors” through licensed intermediaries. The regulator also pointed to fraud as a growing problem. By its own estimates, more than four out of five pyramid schemes discovered in early 2025 involved digital asset payments. Anonymous Exchanges in the Crosshairs In addition to oversight of miners and investors, the Bank of Russia has singled out peer-to-peer crypto platforms and unregistered exchanges as part of what it calls “shadow business,” alongside gambling sites and narcotics markets. A new monitoring platform, branded Antidrop, will be launched to detect so-called “money mules” who process illicit payments through bank accounts and…
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