Bank of Russia Proposes 25% Crypto Asset Limit

The Bank of Russia has proposed a draft directive to limit the share of cryptocurrencies in professional market participants' assets to 25%.

This means that brokers, management companies, forex dealers, and crypto exchanges will have to take digital currencies into account when calculating standards within the proposed limit.

The new rules aim to integrate digital currencies into the risk control system for financial intermediaries in Russia, limiting their impact on the stability of companies working with such assets.