[The Central Bank of Russia Proposes Allowing Banks and Brokerage Firms to Obtain Cryptocurrency Trading Licenses] According to Cryptopolitan, Russia is planning to fully integrate cryptocurrency trading into a regulated 'legal infrastructure' through legislative measures. By authorizing commercial banks and brokerage firms to lead digital asset operations, the country aims to establish a domestic compliant trading system that is highly isolated from global mainstream markets. Elvira Nabiullina, Governor of the Central Bank of Russia, proposed at the annual meeting of credit institutions to allow eligible commercial banks and brokerage firms to obtain cryptocurrency trading licenses through a registration process. These institutions would utilize their existing anti-money laundering (AML) systems to monitor fund flows and limit their exposure to such assets to no more than 1% of their capital. According to a draft by the State Duma Financial Market Committee, the new regulations are expected to be ready by July 1, 2026. The goal is to address the current lack of transparency in the legal status of digital assets and redirect decentralized P2P transactions to regulated domestic platforms. Analysts point out that as the European Union and the United States deepen sanctions against Russia, this move is intended to create a 'self-sufficient compliant internal circulation system.'