Russia President Vladimir Putin Signs New Crypto Regulation Into Law
TLDR
- Russia approved a new crypto law regulating exchanges, mining, custody, and digital asset ownership.
- Retail investors face annual purchase limits and must pass a knowledge test before trading crypto.
- Qualified investors can trade without annual limits under Russia’s new digital asset framework.
- Cryptocurrency remains banned for domestic payments despite broader rules for trading and investment.
- The law takes effect on September 1, 2026, with exchange licensing continuing through July 2027.
Russia has approved a new legal framework for digital assets after President Vladimir Putin signed legislation regulating cryptocurrency exchanges, digital asset custody, and investor participation. The law creates a licensed crypto market under central bank oversight while keeping the country’s ban on using cryptocurrencies for domestic payments.
New Law Creates Licensed Crypto Market
The new legislation takes effect on September 1, 2026, and introduces Russia’s first comprehensive framework for digital currencies and digital rights. Licensed exchanges, brokers, and digital depositories will operate under the supervision of the Bank of Russia. The law also establishes rules for the organization, accounting, and custody of digital assets.
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