Russia's Central Bank establishes NAUFOR, the first self-regulatory organization for the digital rights market, advancing crypto regulation in the country.
Regulation & Gov ·
Russia's Central Bank has registered NAUFOR as the first self-regulatory organization for operators of information systems that issue digital financial assets, according to an announcement made on October 8, 2026. The move codifies the regulatory framework for this emerging sector and marks a formal step toward structured oversight of digital rights markets in the country.
The registration creates a statutory obligation for information system operators listed in the Central Bank's registry to join the new self-regulatory body. The Central Bank's registry currently includes 25 such operators, meaning these entities now face membership requirements under the new framework.
The full scope of NAUFOR's powers, enforcement mechanisms, and operational details remain to be seen as the organization begins functioning.