Russia's Central Bank revoked the banking license of LLC RNKO "Digital Solutions," a digital assets operator.
Regulation & Gov ·
Russia's Central Bank revoked the banking operations license of LLC RНКО "Digital Solutions" on August 27, 2026, according to an official statement. The regulator cited violations of federal banking laws and regulations, along with repeated breaches of anti-money laundering and counter-terrorism financing requirements over the preceding year. The organization had conducted suspicious client transactions without properly reporting them to the competent authorities, and management and owners failed to take effective steps to prevent involvement in such activity.
A temporary administrator has been appointed to oversee the entity pending the appointment of either a bankruptcy trustee or liquidator, with the powers of the organization's executive bodies suspended. The revocation followed multiple enforcement actions taken by the Central Bank against the entity over the previous 12 months due to its failure to comply with banking and regulatory standards.
The specific grounds for license revocation under Russian federal law cite both non-compliance with banking regulations and systematic violations of anti-money laundering legislation. No information has been disclosed regarding the organization's customer base, asset size, or broader operational impact.