The Central Bank of Russia establishes market-entry procedures for crypto market participants; the relevant regulations will take effect on October 5

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The Central Bank of Russia establishes market-entry procedures for crypto market participants; digital custodians and trading platforms must be included in registers

BlockBeats news,September 25, the Central Bank of Russia has established procedures for admission to the crypto market for digital custodians, crypto trading platforms, and operators of information systems for digital rights. According to the central bank's press office, all of the above participants must be included in the relevant registers. The regulation sets qualification requirements for members of the governing bodies and certain officials of digital custodians, crypto trading platforms, and information system operators; specifies the documents required for admission applications; and clarifies the central bank's procedures for deciding whether to enter the relevant information in the registers.

The document also contains simplified admission rules for existing market participants—these entities will submit documents to apply for digital custodian and crypto exchange qualifications. The directive governs how the central bank maintains the registers, updates data, and publishes registration information on its official website. The relevant regulations have been registered with the Russian Ministry of Justice and will officially enter into force on October 5, 2026.

Original link https://m.theblockbeats.info/flash/368898

Key points

The Central Bank of Russia has established procedures for admission to the crypto market for digital custodians, crypto trading platforms, and operators of information systems for digital rights.
The above participants must all be included in the relevant registers.
The relevant provisions include qualification requirements for members of governing bodies and certain officials, a list of application documents, and registration procedures.
Existing market participants may apply for digital custodian and crypto exchange qualifications under simplified rules.
The relevant regulations have been registered with the Russian Ministry of Justice and will officially enter into force on October 5, 2026.

AI-assisted interpretation

The following is analysis, separate from reported facts. Verify important claims independently.

Put simply, the relevant entities must first meet qualification requirements, submit materials, and be entered in the register before participating in relevant crypto market activities in accordance with regulations.

Why it matters to readers

With registration, qualification, and application procedures clarified, market participants will face clearer compliance requirements.

This means that conducting relevant crypto business in Russia may require registration, document submission, and compliance with personnel qualification requirements.

Risks and unknowns

The material does not fully specify the names of the registers, the contents of the application materials, or the specific scope of implementation.
The actual implementation following the regulations' entry into force still requires further verification.

The Central Bank of Russia establishes market-entry procedures for crypto market participants; the relevant regulations will take effect on October 5

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