Overview
- Local reports say the central bank is preparing a regulated framework that would permit a narrow group of commercial banks to conduct crypto operations under close supervision.
- First Deputy Chairman Vladimir Chistyukhin was cited describing capital and reserve standards that would constrain any bank crypto activity.
- Officials emphasize transparency and reporting obligations designed to minimize systemic risk and avoid regulatory blind spots.
- The measures are described as policy in preparation rather than finalized law or a broad market opening for retail investors.
- Moscow Exchange continues to lobby for legalized retail Bitcoin trading, underscoring ongoing pressure for wider market access.