Cryptocurrency trading opens to Russian exchanges from November 22
Russian exchanges may begin cryptocurrency trading from November 22, 2026, subject to Bank of Russia approval of their trading rules. An ordinance sets requirements for participant registration, trading oversight and reporting.
Trading access comes with controls
The Bank of Russia ordinance sets requirements for organised trading in digital currencies and digital rights.
Exchanges must register cryptocurrency trading participants, including brokers, trust managers and central counterparties.
They must also maintain registers of orders and transactions and monitor trading activity.
The rules require exchanges to calculate price indicators covering current, weighted average, market and closing prices.
Exchanges must provide the central bank with information on the progress and results of trading.
They must follow the same reporting procedure that already applies to trading in other assets.
Approval precedes the opening
The Ministry of Justice of Russia has registered the Bank of Russia ordinance.
Exchanges are authorised to begin cryptocurrency trading from November 22, 2026, provided that the regulator concurs with their trading rules.
The opening date therefore does not remove the requirement for regulatory approval of those rules.
The ordinance combines this condition for starting trading with ongoing obligations covering participant registers, transaction records, price calculations and reporting.
Access remains conditional
The authorisation does not give exchanges unconditional access to cryptocurrency trading.
Regulatory concurrence with trading rules remains a prerequisite.
Once trading begins, exchanges must meet monitoring and reporting requirements.