Bank of Russia will require banks to report clients’ cryptocurrency holdings from 1 July 2027

Russia is moving crypto activity deeper into its formal reporting stack. From 1 July 2027, banks and other financial institutions will have to include clients’ cryptocurrency holdings, proceeds from sales, and mining results in certificates used for disclosure purposes — a change that matters for compliance teams because it puts crypto assets into the same paperwork flow as other declared income and property.

1. According to the document, banks and other financial organizations in Russia will start reflecting clients’ cryptocurrency data in certificates from 1 July 2027. The required disclosures cover cryptocurrency holdings, income from sales, and results from mining.
2. These certificates are used, among other things, to prepare anti-corruption declarations. Public officials use them to report income and property, and the same declarations are also filed by deputies, their families, employees of the Central Bank, and state corporations.
3. On 1 September, a law on state regulation of the crypto market entered into force in Russia. That is the broader legal frame around the new reporting requirement: first regulate the market, then make the relevant flows visible to the paperwork that already exists.
4. Moscow Exchange is preparing to launch BTC/RUB trading, as well as a Bitcoin pair against the “quasi-dollar,” its term for the instrument that currently trades under the ticker USDRUB_TOM and reflects the real value of the US currency. Trading is expected to start in December.
5. To open an account in a Russian digital depository, a client will have to provide a taxpayer identification number (TIN). Vlda Gracheva, adviser to the director of Rosfinmonitoring, said this requirement is tied to anti-money laundering efforts.

For PSPs and banking partners, the practical point is not the headline itself but the direction of travel: crypto exposure is being pulled into formal KYC, tax, and disclosure systems, and Russia is making that linkage explicit in both the market and the reporting layer.