Deep Tide TechFlow News, March 6, According to The Block, the Governor of the Central Bank of Russia, Elvira Nabiullina, stated that banks and brokerage firms will be allowed to obtain cryptocurrency exchange operation licenses directly through a "notification process" based on existing banking licenses, without the need to reapply for a full new license. The regulatory framework will classify digital currencies and stablecoins as tradable assets but prohibit their use for domestic payments; the initial participation limit for banks in crypto assets is set at 1% of capital. The relevant bill is expected to be submitted to the State Duma by March 2026, and the regulatory framework will officially come into effect on July 1, 2026.