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Wire · regulatory

Russia Crypto Regulation Pushes Ahead With Major Banks in Consultation

22 September 2026 · By · Wire by Fusion42

Published

22 September 2026

Topic

regulatory

◆ Sectors

Fintech

◆ Geography

Russia

◆ Source

Read at cryptorank.io →

◆ Verified

Fusion42 · 22 September 2026 · Fusion42 review

The Bank of Russia is advancing cryptocurrency regulation by consulting major banks and financial firms to enable regulated market access. The framework permits cryptocurrency trading through regulated intermediaries with cross-border payments allowed, while domestic crypto payments remain banned.

This Wire brief sits within Fusion42's coverage of Fintech.

◆ ◆ The Wire takeaway

Russian banks must prepare for new responsibilities as regulators move from lawmaking to market access approval. You should engage now to position your firm ahead of formal applications opening in mid-2027.

◆ Coverage

1 source · 22 Sep 2026

◆ Related on Wire

◆ Topics

Fintechcryptoregulationbankscross-border-paymentsrussia