Bank of Russia | ForkLog

ForkLog 02.06.2026

Russian Capital on Foreign Crypto Exchanges Falls to 720 Billion Rubles

By the end of March, the funds of Russian citizens on foreign CEX decreased by 23% compared to the previous two quarters, reaching 720 billion rubles.

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ForkLog 81 06.08.2025

Over 80% of Financial Pyramids in Russia Shift to Cryptocurrencies

In the first half of 2025, the Bank of Russia identified 2,328 financial pyramids, with over 80% utilising cryptocurrencies as the primary means of fund transfer, according to the regulator’s report. The schemes were short-term pseudo-investment online projects. Some promised returns from investments in digital currencies, while others focused on precious metals, commodities, and various […]

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ForkLog 145 29.05.2025

Russian Cryptocurrency Holdings Estimated at 827 Billion Rubles

From the fourth quarter of 2024 to the first quarter of 2025, the volume of crypto asset flows attributed to Russians increased to an estimated 7.3 trillion rubles (+51.1%). This is according to a recent report by the Bank of Russia citing data from the Transparent Blockchain service. Analysts linked the growth to the US […]

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ForkLog 75 27.05.2025

Sberbank to Act as Market Maker for Russian Bitcoin Exchanges and Launch ETF

Sberbank will assume the role of liquidity provider and market maker on Russian cryptocurrency platforms, according to RBC, citing a statement from Alexander Zozulya, Director of the Global Markets Department at Sberbank. The exchanges will be established within a regulatory sandbox, and operations will be permitted for super-qualified investors. Cryptocurrency products will be available to […]

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ForkLog 38 21.05.2025

Russia Endorses Measures Against Digital Ruble Money Laundering

The Federation Council has approved a law extending AML regulations to participants of the digital ruble platform. On May 20, the State Duma passed the document in its second and third readings. Initially, the bill proposed centralized control over asset transactions by the Central Bank. In the final version, this control is shared between the […]

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ForkLog 143 17.05.2025

Russia’s Central Bank Tightens Digital Asset Regulations

The Central Bank of Russia has expanded the requirements for foreign digital rights (FDR) entering the market. The update aims to protect investors from risks associated with acquiring these instruments. From August 2024, such assets may circulate in the country alongside Russian DFA. The regulator’s directive sets additional criteria for FDR: they must not be […]

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ForkLog 55 23.04.2025

Russia to Establish Exchange for Highly Qualified Investors

The Ministry of Finance and the Bank of Russia will launch a cryptocurrency exchange aimed at highly qualified investors, according to TASS, citing Finance Minister Anton Siluanov. The official emphasized that the new project will help legalize digital assets and bring their operations out of the shadows. Siluanov noted that this concerns activities within the […]

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ForkLog 61 19.04.2025

BestChange Faces Another Block in Russia

On the evening of April 18, Roskomnadzor once again blocked the domains of the cryptocurrency exchange aggregator BestChange within Russia. The service team announced this on their Telegram channel. The block affected BestChange.ru, BestChange.com, and BestChange.net. Monitoring continues to operate. Project representatives did not find their sites’ URLs and corresponding IPs in the official Roskomnadzor […]

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ForkLog 30 07.04.2025

Russians Triple Their Investments in Cryptocurrencies

Residents of Russia have tripled their investments in cryptocurrencies over the past three years, according to Rossiyskaya Gazeta, citing data from the central bank. In 2022, the median investment in digital assets per household was 18,000 rubles, which increased to 45,000 rubles in 2024. The average investment in cryptocurrencies over three years decreased from 245,000 […]

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ForkLog 29 21.03.2025

Bank of Russia Proposes Restrictions on Cryptocurrency Transactions Outside Experimental Legal Regimes

The Bank of Russia has proposed banning the use of cryptocurrencies for transactions between residents outside experimental legal regimes (ELR). This was reported by RBC, citing a statement from the head of the regulator, Elvira Nabiullina. The central bank believes that digital assets should not be used as a means of payment. They suggested introducing […]

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ForkLog 29 13.03.2025

Bank of Russia Proposes Trial Framework for Cryptocurrency Transactions

The Bank of Russia has proposed allowing qualified individuals to trade cryptocurrencies under a three-year experimental legal framework. The project has been submitted to the government for further discussion. For individuals, this entails a high threshold: an annual income of 50 million rubles or investments in securities and deposits exceeding 100 million rubles. March 13, […]

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ForkLog 38 12.03.2025

Russian Central Bank Cancels Bitcoin-Linked Bond Issuance

The issuance of two Russian structured bonds tied to the value of the leading cryptocurrency has been postponed by decision of the Central Bank. This was reported by Kommersant. The products in question are from the companies Finam and Rumberg Capital. The planned issuance volume was set at $2.15 million and 200 million rubles, respectively. […]

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