‘No Time To Experiment’: Russia To Establish Strict Crypto Regulations In 2026
NegativeCryptocurrency
- Russia's Central Bank, led by First Deputy Chairman Vladimir Chistyukhin, is set to implement strict cryptocurrency regulations by 2026, which may include prohibiting new digital asset purchases for most investors. This regulatory framework aims to amend existing laws governing digital financial assets and the securities market.
- The introduction of these regulations signifies a pivotal moment for Russia's approach to cryptocurrencies, potentially limiting access for investors while also reflecting the government's desire to establish a controlled environment for digital assets amid global market fluctuations.
- This development occurs against a backdrop of mixed sentiments in the cryptocurrency market, with some institutions like VTB Bank preparing to launch regulated trading services, while the central bank considers relaxing certain rules to mitigate the impact of Western sanctions, highlighting the ongoing tension between regulation and market accessibility.
— via World Pulse Now AI Editorial System
