Russia Crypto News: Banks Face Strict New 1% Limit

Russia Crypto news: Bank of Russia Sets Strict 1% Limit on Banks The Bank of Russia proposed a new Russia crypto news on September 18, 2026, limiting how much bank can be tied to digital currencies and foreign instruments. This Bank of Russia crypto rule requires credit institutions to keep such exposure within the 1% crypto cap of their own funds under two new ratios. The rule covers direct holdings, crypto linked derivatives, loans, bonds and repo deals whose value depends on digital currencies. The draft has been published for public review before formal adoption. Russia Bank 1% Crypto Capital Cap Explained The Russia crypto news works through two ratios: N31, applied to individual credit institutions on a solo basis N32, applied to banking groups on a consolidated basis Both ratios are measured against the institution's own capital, not total assets, and both carry the same 1% ceiling. The Bank of Russia said assets with low blockage and liquidity risk may get limited netting of offsetting long and short positions. Russia Crypto Custody Exclusion Rule Explained The published draft sets a clear line for digital asset custody rules. This is effectively the crypto custody rule that custodial banks will need to follow: Asset type Included in cap Risk weight Bank's own crypto exposure Yes 1,250% Client custody, bank liable Yes 1,250% Client custody, bank not liable No 50% A client custodial assets crypto position where the bank carries no responsibility for seizure or sanctions related loss stays outside the Russia crypto capital requirement, though it still carries a risk weight. Russia Crypto Capital Cap N31 N32 Ratio This capital adequacy ratio banks framework builds on existing crypto risk weight banking practice at Russian lenders. The Bank of Russia said the N31 N32 crypto ratio only counts client custody exposure when the bank, or a digital custodian in its group, bears responsibility for losses. When Will Russia Crypto Capital Rule Take Effect Draft published for review on September 18, 2026 Formal Instruction expected in Q4 2026 Rule takes effect 10 days after official publication Banks begin reporting N31 and N32 data from January 2027 Detailed reporting forms are still being finalized, according to the regulator's published notice. (Source: https://cbr.ru/StaticHtml/File/41186/260918-23-1.pdf) Russia Bank Crypto Capital Limit Latest News Wu Blockchain also covered this Bank of Russia crypto regulation 2026 update in a post on X shortly after the draft appeared. Bank of Russia New Crypto Rule 2026: What Comes Next The Russia digital asset regulation push follows earlier informal guidance where the central bank had already nudged lenders toward a near 1% ceiling while this formal cap was drafted.