BREAKING: Putin has signed Russia's first comprehensive crypto law.
The Law on Digital Currencies and Digital Rights takes effect September 1, 2026.
What it does:
- Recognises digital currency as property
- Creates a licensed exchange market supervised by the Central Bank
- Sets up digital depositories to record who owns what
- Regulates mining, custody and digital financial assets
Retail investors must pass a knowledge test and are capped at 300,000 rubles (about $3,800) per platform each year. Qualified investors face no limit.
Only the largest and most liquid coins will be allowed to trade.
The Central Bank has said $BTC , $ETH and $USDT currently meet that standard.
Crypto still cannot be used to pay for goods inside Russia. Banks can block suspicious transactions, and a 48-hour cooling-off period applies to wallet transfers.
Meanwhile the CLARITY Act is not on the Senate schedule, and the chamber leaves for recess in just 2 days.
The Law on Digital Currencies and Digital Rights takes effect September 1, 2026.
What it does:
- Recognises digital currency as property
- Creates a licensed exchange market supervised by the Central Bank
- Sets up digital depositories to record who owns what
- Regulates mining, custody and digital financial assets
Retail investors must pass a knowledge test and are capped at 300,000 rubles (about $3,800) per platform each year. Qualified investors face no limit.
Only the largest and most liquid coins will be allowed to trade.
The Central Bank has said $BTC , $ETH and $USDT currently meet that standard.
Crypto still cannot be used to pay for goods inside Russia. Banks can block suspicious transactions, and a 48-hour cooling-off period applies to wallet transfers.
Meanwhile the CLARITY Act is not on the Senate schedule, and the chamber leaves for recess in just 2 days.