Russia Outpaces US in Crypto Regulation: What the New Law Mandates
Russian President Vladimir Putin has signed a sweeping crypto regulation law, creating a licensed framework for digital asset trading. The law permits bitcoin (BTC) and other digital assets for cross-border trade starting September 1, 2026.
The measure gives Russia its first comprehensive legal structure for digital currencies. Regulators previously left crypto activity in a legal gray area with little oversight.
How the New Russia Crypto Regulation Works
Crypto exchanges, brokers, and custodians operating inside Russia must register with the central bank, known as the Bank of Russia, according to TASS. Registered platforms need at least 15 million rubles in minimum capital. They must also join a self-regulatory organization for the financial market. The Bank of Russia will phase in full registration requirements through July 1, 2027, giving existing platforms time to comply.
The requirement follows the passage of a sweeping crypto bill in July. Russia's lower house of parliament, the State Duma, cleared the bill's final readings the same day.
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