The Central Bank called the timing of the appearance of tests for access to cryptocurrency trading

Testing for the purchase of cryptocurrency in the Russian market will appear in November. This was reported by Director of the Department of strategic development of the financial market of the Bank of Russia Ekaterina Lozgacheva on the sidelines of the conference ACI Russia eFX & Digital Summit.

“Those who are preparing or have already received the status of a self-regulatory organization, of course, they are working on tests at the same time, understanding the limited time. So, of course, the testing standards – they are in the works and should be in the appropriate time frame – in November be adopted so that retail investors have the opportunity to make deals in December.

Lozgacheva noted that the tests will be focused on the specifics of cryptocurrencies. In particular, they will draw the investor’s attention to the fact that this is not a classic instrument of the securities market, and will pay special attention to the risks of this instrument. "This will be a test warning," the director of the Central Bank department added.

At the end of October, First Vice President of the National Association of Stock Market Participants (NAUFOR, which received the status of SRO in relation to the activities of digital depositories and crypto exchanges) Ekaterina Andreeva reported that the testing standard for buying cryptocurrency on Russian regulated platforms has already been developed. However, it has not yet been published by the organization.

Andreeva noted that the results of the test will be recognized on all regulated platforms, and brokerage companies will be the first to conduct tests for their clients.

On September 1, the law on comprehensive regulation of digital currencies and digital rights came into force in Russia. According to the law, cryptocurrency as a means of payment will be completely banned, however, both qualified and unqualified investors will be able to acquire crypto assets in the Russian market, but each category will have its own rules:

unqualified investors will be able to purchase Bitcoin, Ethereum and USDT within the established limit – no more than 300 thousand per year through one intermediary; qualified investors will be able to purchase cryptocurrencies without limiting the amount.

For both categories of investors, mandatory testing will be provided.

Earlier, the Moscow Exchange confirmed plans to launch trading in digital currencies in Russia from December 1, 2026 on the basis of the stock market. It is planned that investors will have the opportunity to make transactions with crypto in a glass, as well as SVOP operations.

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