Russia dey find faster crypto rules after dem flag annual flows of ₽129B

Russia finance ministry and central bank dey talk say crypto turnover pass 50 billion rubles (~$640–$650m) every day — about 10–11 trillion rubles (~$129bn) every year — and plenty trading dey outside regulated channels. Deputy Finance Minister Ivan Chebeskov yarn say millions of Russians dey use crypto for trading and savings and dem wan make rules quick to bring these big, opaque flows under supervision. Authorities plan to submit draft law to the State Duma for March and dem dey target to pass am in the spring session of 2026. Proposed measures go route most activity through licensed exchanges and brokers, introduce investor classes (qualified vs non‑qualified) with annual cap for non‑qualified investors, exclude privacy coins from allowed assets, and expand monitoring and transparency. Officials dey frame regulation as risk‑management step and response to worries about sanction evasion and financial stability. For traders: expect more on‑chain oversight, possible on‑ and off‑ramp wahala during implementation, tighter liquidity on unlicensed venues, and long‑term shift of flows to regulated Russian venues.