Russia’s new Crypto rules struggle to attract retail investors
Jun 2, 2026
< 1 min read
by Ashish Kumar
for CryptoPolitan

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AI Overview
The Central Bank of Russia reported in its June 1 Financial Stability Review that domestic assets tied to cryptocurrency instruments held steady over the past six months at about 3.8 billion rubles ($44 million). Despite 2024 legalization of crypto mining and progress on a full regulatory framework, the small and unchanged asset base points to limited domestic adoption and minimal market impact so far.
Bearish
According to the Central Bank of Russia, domestic assets related to cryptocurrency instruments remained nearly unchanged for the last six months, remaining close to 3.8 billion rubles ($44 million), per the agency’s Financial Stability Review released on June 1. For a country that legalized crypto mining in 2024 and is now building a full regulatory...
