Russia's central bank plans to allow digital financial assets to trade on open networks like Et

Russia Moves to Legalize Digital Assets on Ethereum—Aims to Bypass Sanctions, Attract Foreign Capital

Russia is opening up to open blockchains. The central bank has proposed allowing digital financial assets to circulate on networks like Ethereum, a bid to pull in foreign investment despite sanctions. The governor called it critical for cross-border settlements and overseas capital. If the proposal passes, Russian firms could issue assets on foreign platforms—and eventually tap into major crypto exchanges and DeFi protocols, restoring access to international liquidity. Draft amendments are expected by summer 2026.