Russia's central bank has proposed a draft rule limiting commercial banks' exposure to crypto assets and related instruments to 1% of their own capital. The regulation covers direct holdings, derivatives, loans, and bonds tied to cryptocurrencies or foreign digital financial instruments held on bank balance sheets.
The proposal remains in draft form, with formal publication scheduled for Q4 2026 and effectiveness set for 10 days after release. Commercial banks will be required to begin reporting relevant crypto exposure data starting January 2027 under the new framework.
Russia's Central Bank Proposes 1% Cap on Banks' Crypto Exposure
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