Russian Central Bank to Include Digital Currencies in Prudential Metrics

Regulatory recognition is not the same as regulatory permission, and this distinction matters: folding digital currencies into prudential metrics means the central bank is building the measurement infrastructure before deciding how banks may use them. The signal is aimed at supervised institutions, which would face capital and risk-weighting treatment for holdings that previously sat outside the framework. Whether this becomes a genuine channel for the digital ruble or remains a reporting exercise is the open question.