The Bank of Russia has published a draft strategy for the development of the financial market for 2026–2028, which includes the introduction of regular monitoring of cryptocurrency miners and infrastructure operators starting in 2026, as well as stricter oversight of high-risk financial instruments linked to digital currencies.
These changes directly affect companies engaged in crypto asset operations, mining, and investments in digital financial instruments. The new requirements will necessitate a review of business processes, preparation of regulatory reporting, and adaptation to enhanced regulatory supervision — with less than a year remaining to implement these changes.
Key Changes in 2026
1.Mandatory Quarterly Reporting for Miners and Infrastructure Operators. The Bank of Russia will require quarterly data submissions from companies involved in digital currency mining and mining infrastructure operations. This entails:
Compulsory registration and disclosure of capacity, production volumes, energy consumption, and other key performance indicators.
Enhanced transparency requirements — companies must disclose operational and financial risks associated with their activities.
2.Stricter Oversight of High-Risk Financial Instruments. Starting in 2026, financial institutions will be permitted to offer qualified investors financial instruments (such as digital financial assets and securities) whose returns are tied to the value of digital currencies. However, the Bank of Russia will:
Monitor investment risks to prevent potential investor losses.
Impose stricter disclosure requirements — companies must provide comprehensive and accurate information about the risks associated with crypto asset investments.
Business Implications
For Miners and Infrastructure Operators: Preparation for regular reporting, potential regulatory audits, and the risk of penalties for non-compliance with new requirements.
For Financial Institutions: Mandatory risk assessment and disclosure when dealing with instruments linked to digital currencies.
For Investors: Increased market transparency, but also tighter access conditions for high-risk assets.
Action Steps
Assess the compliance of current business processes with the Bank of Russia’s new requirements.
Develop a reporting system for regular data submission to the regulator.
Conduct a risk audit of investment products related to digital currencies.
Consult experts for guidance on adapting to the new regulatory framework.
For assistance in adapting your business to the new requirements and minimizing regulatory risks, contact the specialists at Acsour. We will help you prepare efficiently for legislative changes and ensure full compliance with the Bank of Russia’s new standards.