According to the new explanations of the Bank of Russia, transferring a decentralized currency from a personal wallet (from an "identity address" that is not managed by any digital deposit) to your account with a digital deposit is not considered a purchase of a decentralized currency, since there is no change in the owner of the assets. In this case, the test required to purchase encryption is not required. Previously, the regulator noted that transfers from a digital ledger to a personal wallet are not permitted by law, and digital deposits do not allow transfers of digital currency between individual accounts. You can transfer cryptocurrencies from the digital deposits to foreign wallets. In this case, the depositary has the right to independently determine the list of documents necessary to verify that the recipient's address is actually managed by a legal market participant. ▪️ If the investor was recognized as a title before September 1, 2026, then this situation applies to transactions with cryptocurrencies. A number of new explanations concern the entry of professional participants - what should be the minimum staff of crypto exchanges, what requirements must be fulfilled by officials in crypto services, what documents confirming this must be provided and how to report shareholders. Clarence only affects officially regulated infrastructures. Cryptocurrency on foreign exchanges and non-targeted wallets is outside of Russian jurisdiction. As of September 1, Federal Law No. 282-FZ "On Digital Careers and Digital Rights" on the regulation of decentralized circulation came into force in Russia. It fixes the types of authorized intermediaries (cryptocurrency exchanges, brokers, exchanges, management companies and digital deposits) and introduces requirements for participants in transactions. In order to buy and trade funds, you need to pass tests.

According to the new explanations of the Bank of Russia, transferring a decentralized currency from a personal wallet (from an "identity address" that is not managed by any digital deposit) to your account with a digital deposit is not considered a purchase of a decentralized currency, since there is no change in the owner of the assets. In this case, the test required to purchase encryption is not required. Previously, the regulator noted that transfers from a digital ledger to a personal wallet are not permitted by law, and digital deposits do not allow transfers of digital currency between individual accounts. You can transfer cryptocurrencies from the digital deposits to foreign wallets. In this case, the depositary has the right to independently determine the list of documents necessary to verify that the recipient's address is actually managed by a legal market participant. ▪️ If the investor was recognized as a title before September 1, 2026, then this situation applies to transactions with cryptocurrencies. A number of new explanations concern the entry of professional participants - what should be the minimum staff of crypto exchanges, what requirements must be fulfilled by officials in crypto services, what documents confirming this must be provided and how to report shareholders. Clarence only affects officially regulated infrastructures. Cryptocurrency on foreign exchanges and non-targeted wallets is outside of Russian jurisdiction. As of September 1, Federal Law No. 282-FZ "On Digital Careers and Digital Rights" on the regulation of decentralized circulation came into force in Russia. It fixes the types of authorized intermediaries (cryptocurrency exchanges, brokers, exchanges, management companies and digital deposits) and introduces requirements for participants in transactions. In order to buy and trade funds, you need to pass tests.