SkyCapital Expands Cooperation with Crypto Services Amid Regulatory Changes

cryptonews.ruPublished on 2026-07-28Last updated on 2026-07-28

Abstract

SkyCapital, a financial technology company, has announced an expansion of its partnership program for crypto services in response to new, stricter regulations coming into force in Russia in September 2026. The company will offer its infrastructure to other market participants to help them transition from anonymous P2P transfers to a more transparent, legally compliant business model. According to SkyCapital's managing director, Dmitry Galkin, the move addresses a growing industry demand. He explained that after the new law takes effect, services lacking proper KYC/AML checks, anti-fraud protection, and SBP (Russia's Fast Payments System) acquiring will only be able to operate under a transitional period. Ultimately, they will face a clear choice: adapt with compliant infrastructure or shut down. The partnership model allows other crypto services to maintain their own brand and customer interface while utilizing SkyCapital's backend infrastructure. This includes SBP-acquiring, transaction execution, KYC/AML verification, anti-fraud systems, and regulatory reporting. This approach enables faster, more cost-effective compliance for partners without needing to build such systems from scratch. Galkin warned that non-compliant operators risk not just payment blocks and business limitations, but also potential criminal and administrative prosecution. SkyCapital believes the crypto market is entering a phase where competition is increasingly supplemented by partnerships focused on...

SkyCapital has announced the development of a partnership direction for crypto services against the backdrop of tightening regulations in 2026. The company has begun offering market participants its infrastructure for transitioning from anonymous P2P transfers to a more open and transparent operational model. According to Dmitry Galkin, Managing Director of SkyCapital.Group, this decision was a response to changes within the industry itself.

"The idea of sharing our own developments was born at the moment when it became clear: the market is changing rapidly, not everyone will remain in it. We saw a demand that had long been accumulating between services and regulators. One part of the participants is already ready to switch to white-label settlements and offer users legally safe transactions instead of anonymous transfers. The other part is also moving in this direction because very soon the choice will be simple: either restructure or close down," stated Dmitry Galkin.

The new cooperation model suggests that partners can retain their brand and customer interface, while SkyCapital provides the infrastructure part for 'white-label' operations: SBP-acquiring, trade execution, KYC/AML checks, Antifraud protection, and reporting documents. For the market, this means the ability to transition faster to working under a more transparent scheme without the costs of independently developing the entire system from scratch.

"After the law comes into force on September 1, exchangers without KYC, AML, antifraud, and SBP-acquiring will be able to operate under the old model only during a transitional period. Afterwards, it will be necessary to adopt the new rules. The market is moving away from anonymous transfers and manual schemes towards safe operations, where each transaction undergoes checks, is documented, and remains transparent for the bank. Participants lacking such infrastructure will face not just blockages, payment restrictions, and an inability to scale their business, but also risks of criminal and administrative prosecution," said Dmitry Galkin.

The company believes that the crypto market is entering a stage where competition between services is gradually being supplemented by partnership. If previously, industry participants mainly competed for the same user, now gaining access to reliable infrastructure, which allows compliance with new requirements and reduces operational, regulatory, and reputational risks, is becoming increasingly important.

For SkyCapital itself, this means an expansion of its role in the market. The company is developing not only its own platform but also a direction oriented towards other services that need a ready-made technological and compliance base. Such a step reflects a broader process in the industry. The crypto business in Russia is gradually shifting from fragmented models towards collaboration around safe and formalized solutions.

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Related Questions

QWhy is SkyCapital expanding its partnership with crypto services in 2026?

ASkyCapital is expanding its partnership with crypto services in response to stricter regulatory changes coming into effect in 2026. The company aims to help the market transition from anonymous P2P models to a more open and transparent operational framework by offering its infrastructure.

QWhat infrastructure will SkyCapital provide to its partners under the new cooperation model?

AUnder the new cooperation model, SkyCapital will provide the infrastructure for 'white' operations. This includes SBP-acquiring, trade execution, KYC/AML checks, Antifraud protection, and reporting documentation, while partners can retain their own brand and client interface.

QAccording to Dmitry Galkin, what will happen to crypto exchanges that lack KYC, AML, antifraud, and SBP-acquiring after September 1st?

AAccording to Dmitry Galkin, after the law takes effect on September 1st, exchanges operating without KYC, AML, antifraud, and SBP-acquiring will only be able to work under the old model during a transitional period. After that, they will be required to comply with the new rules or face significant risks.

QWhat are the potential consequences for market participants who lack the necessary compliance infrastructure, as stated in the article?

AMarket participants lacking the necessary compliance infrastructure will face not just payment blockages, restrictions, and an inability to scale their business, but also risks of criminal and administrative prosecution.

QHow does SkyCapital's new strategy reflect a broader shift in the Russian crypto market, according to the article?

ASkyCapital's strategy of providing infrastructure to other services reflects a broader shift in the Russian crypto market. The industry is gradually moving from fragmented models towards increased collaboration centered around secure and formalized solutions that meet new regulatory requirements.

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