An important development has emerged in the crypto market today. Russia’s new cryptocurrency law has come into effect from 1 September 2026.
Under the new framework, Bitcoin (BTC), Ethereum (ETH), and USDT have been granted access to the regulated crypto market. Retail investors will be able to trade these assets through licensed platforms, while market supervision will be under the Bank of Russia.
However, an important point is that using crypto for everyday payments in Russia is still not allowed, and purchase limits have also been set for retail investors.
Meanwhile, the overall crypto market is facing some pressure in the beginning of September. Bitcoin recently came below $NVDAB 80K, while higher bond yields and interest-rate hike expectations are pressuring risk assets.
For me, the key point today is: regulation + institutional adoption are shaping crypto’s long-term future, but we shouldn’t ignore volatility in the short term.
📌 Watch Levels: BTC $NVDA.US 80K resistance
📉 $NVDAB 80K ke neeche weakness continue ho sakti hai
📈 A strong reclaim could turn the market sentiment bullish again