The Russian Central Bank is taking significant steps to review the country's cryptocurrency holdings as part of a broader initiative to bolster compliance in digital financial activities. This development comes amid increasing regulatory scrutiny, and the publication provides the following information: it could have substantial implications for major cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH).
Collaboration with Rosfinmonitoring
In collaboration with Rosfinmonitoring, the Bank of Russia is intensifying its efforts to improve compliance measures, particularly in relation to suspicious transactions involving miners and associated entities. This focus on compliance is crucial as the global financial landscape shifts towards greater transparency and accountability in cryptocurrency transactions.
Governor's Emphasis on Compliance
Elvira Nabiullina, the Governor of the Bank of Russia, emphasized that as of October 2025, the institution's priority remains on enhancing compliance structures specifically concerning transactions linked to digital currency miners. This heightened scrutiny is expected to align with international standards and could significantly influence market dynamics within Russian financial entities.
