Russia is moving ahead with new digital depository rules as it prepares a broader crypto framework expected to roll out in the fall. The latest draft from the central bank signals a tighter regulatory approach for platforms involved in digital assets.
According to the draft rules, some digital asset platforms would need to maintain as much as $2.8 million in liquid capital. That requirement points to a focus on financial stability and operational readiness as regulators shape the market's next phase.
The proposal comes from the Bank of Russia and appears to be part of a wider effort to set clearer standards before the larger framework takes effect. By outlining capital expectations in advance, authorities are giving the sector an early look at the compliance demands that may soon apply.
The move highlights how Russia is building out its crypto oversight step by step rather than waiting for the full framework to arrive. For digital asset businesses, the draft rules suggest that stronger balance sheet requirements could become a central part of operating in the country.
