Russia outlines new digital depository rules ahead of fall crypto framework roll-out
The central bank's draft rules require digital asset platforms to hold up to $2.8 million in liquid capital as a sweeping regulatory framework looms.
Source: CoinDesk
―
DW NOTE
Russia is creating regulated crypto depositories with a $2.8 million capital floor while Western sanctions tighten around Russian-linked crypto firms. The timing is deliberate — building a licensed alternative to foreign infrastructure while those foreign channels are being shut down. This isn't liberalisation, it's strategic import substitution for digital rails.