Bank of Russia
Coverage of Bank of Russia in the Nexus archive.
- Bank of Russia governor says ‘everything is ready’ for widespread use of digital ruble ahead of September rollout
The Bank of Russia governor stated that preparations for the widespread use of the digital ruble are complete ahead of a September rollout. The central bank is also exploring stablecoins for international settlements, but only as a complement to the digital ruble.
- Russia Is Ready for 'Widespread Use' of Digital Ruble by September, Says Bank Governor
Russia is preparing for widespread adoption of the digital ruble, with major banks and retailers set to begin accepting it by September 1, as stated by Bank of Russia Governor Elvira Nabiullina.
- Russia’s Sberbank Ready to Enter Crypto Trading as Russia Moves Toward Regulation
Sberbank plans to offer crypto trading services once Russian regulations and exchange trading frameworks are established. The Bank of Russia classifies cryptocurrencies as high-risk, but a proposed 2025 regulation allows qualified and non-qualified investors to trade digital assets, with domestic payments still prohibited. A crypto legislation bill passed its first reading in Russia’s State Duma, aiming to establish a licensed intermediary system for digital currencies by July 2026.
- Russia Advances Sweeping Crypto Regulation Bill, Legalizes Cross-Border Payments and Tightens Market Controls
Russia's State Duma approved a draft bill to regulate digital currencies, classifying crypto as property and allowing its use in foreign trade while banning domestic payments. The legislation establishes a licensing framework for market participants under the Bank of Russia's oversight, with implementation starting in 2026.
- Russia introduces bill to criminalize unregistered crypto services
Russia has introduced a bill that would require individuals and groups to register with the Bank of Russia before offering certain cryptocurrency services, with unregistered entities facing potential fines and prison sentences.