Russian Central Bank Plans to Open Digital Financial Assets Circulation on Public Blockchains like Ethereum, Attracting Foreign Investment to Break Through Sanctions

MarsBitNews

2026-03-17 04:41:07

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Mars Finance reports that according to “News Weekly,” the Russian Central Bank has submitted a proposal to the government to allow digital financial assets (ЦФА) to circulate on open networks such as Ethereum. The related draft law is planned to be introduced in summer 2026. This move aims to attract foreign capital from Asia, the Middle East, and Latin America amid sanctions and to promote cross-border settlements. Russia’s ЦФА market has grown from 44 billion rubles in the past three years to 1.5 trillion rubles, but it is still primarily driven by domestic demand. Analysts expect that if the regulations are implemented, the market size could reach 12 to 13 trillion rubles by 2030.

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