Bank of Russia Limits Crypto Equity to 25% for Market Brokers

The Bank of Russia has issued a new draft regulation establishing requirements for professional market participants—including brokers, trustees, forex dealers, and cryptocurrency exchanges—regarding the inclusion of cryptocurrency holdings in their balance sheets. Under the ordinance, crypto assets may be counted toward equity only if they have been admitted to trading on exchanges, and they are subject to a prudential limit of 25% of the total declared equity value.