Bank of Russia allows the participation of private firms in the exchange of cryptocurrencies for the needs of FEA
Deputy Chairman of the Central Bank Alexey Guznov specified that at the first stage, it should be companies with state participation
17.04.2023 - 16:30
827
2 min
0
What’s new? The Bank of Russia does not exclude the admission of private companies to the cryptocurrency exchange market for participants in foreign economic activities (FEA) in the framework of the experimental legal regime (ELR), Interfax reports, citing a statement by the Deputy Chairman of the Bank of Russia Alexey Guznov. In this, at the first stage, it should be the companies with state participation. In addition, the Central Bank’s Governor Elvira Nabiullina said that ELR may allow payments not only in cryptocurrencies but also in digital financial assets (DFAs) for participants in FEA. She reported that the creation of authorized organizations for the exchange and sale of such assets for the needs of FEA is planned.
What else does the publication report? Currently, the Central Bank and the government are discussing the sphere of activities of authorized organizations for the exchange and sale of DFAs, how they will be serviced, what banks to work with, and how they may interact with the participants of foreign trade activities.
According to Guznov, he is not sure that it has to be a company that is created from scratch. “Any creation is time, to build up competence, find people, create technologies, provide an organizational structure, and so on,” he specified.
Russia announces the transition to settlements in national cryptocurrencies in the next 5–7 years
The Central Bank allows the possibility of integrating CBDCs of other states with the digital ruble platform
Useful material?
Telegram 
Twitter Incidents
Developers warned of potential risks to bridges across the ecosystem and asked exchanges for assistance.
Jun 22, 2026
Incidents
The defendant helped move funds stolen through investment scams and earned at least $4 million for his role in the operation.
Jun 10, 2026
Incidents
The company is linking the incident to a compromised private key on a service wallet, rather than a smart contract exploit
May 22, 2026
Incidents
Following the incident, the project temporarily halted trading operations and node activity.
May 15, 2026
Incidents
The user spent weeks unsuccessfully trying to guess the password until Claude helped find an old wallet backup file
May 14, 2026
Crypto regulations
Authorities are introducing mandatory registration for companies handling cross-border crypto transactions
May 8, 2026
Cryptocurrency rates
-
Bitcoin
$59 770
BTC
-4.18%
-
Ethereum
$2 551.16
ETH
+3.56%
-
BNB Smart Chain
$579.4
BSC
+1.23%
-
Ripple
$1.06
XRP
-3.8%
-
TRON
$0.160134
TRX
-1.59%
-
Dogecoin
$0.074251
DOGE
-5.56%
-
Zcash
$400.61
ZEC
-3.14%
-
Stellar XLM
$0.184215
XLM
-4.6%
-
Cardano
$0.142004
ADA
-5.43%
-
Polkadot
$3.32
DOT
+5.27%