Russian Central Bank Registers Nine Digital Asset Operators

The Central Bank of Russia has officially registered nine institutions under its digital asset regulatory framework. The registered entities include four digital currency exchange operators and five digital depositories, with major state-owned financial institutions such as Sberbank and VTB also included. These operators gained market access rights in accordance with the transitional provisions of the law on digital currencies and digital rights that came into effect on the 1st of last month. This law passed both houses of the Russian parliament in July this year and was signed into effect by President Vladimir Putin in early August. Registered operators are required to process and record transactions related to digital assets, and the central bank stated that all business activities must align with the new regulatory framework by September 1 of next year. The registered digital depositories include Sberbank, VTB, Atomize, Voltari, and Cloud Infrastructure. VTB has also been registered as an intermediary for digital currency exchanges, while T-Invest Lab, Zephyr, and Sistema-Crypto have been registered as trading operators. All digital asset transactions must be conducted through licensed intermediaries in Russia, and the central bank has assessed the emergence of the first registered operators as a significant step in building the regulatory infrastructure.

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