Search results for Digital Currency and Digital Rights
Crypto
Russia allows cryptocurrency investment but bans payments in first step into mainstream
Russia\'s lower house has passed a bill to legalise cryptocurrency investment and trading while banning its use to pay for goods and services domestically. Trading would be allowed only through licensed, registered exchanges, with custodians, brokers and asset managers assigned formal roles and exchanges subject to capital requirements. Retail investors would face suitability tests and limits. The measure takes effect in stages from Sept. 1, 2026, but still needs approval by the upper house and President Vladimir Putin.
Crypto
Russia crypto bill sets investment caps and cross-border transaction rules
Russia\'s State Duma plans to take up a bill regulating the cryptocurrency market for second and third readings on July 22. If passed, the bill would establish a legal framework for crypto activity, including investor rules and standards for cross-border transactions. It sets annual purchase and overseas transfer limits by investor type, and would create legal conditions for Russian companies to use crypto in foreign trade. Key provisions are expected to take effect on Sept. 1.
Crypto
Russia passes first reading of bill to bring cryptocurrencies into formal sector
Russia is pushing a bill to bring cryptocurrencies into the formal sector while tightening controls. The State Duma passed a first reading of the “Digital Currency and Digital Rights” bill, which would legalise crypto but concentrate oversight with the central bank. Digital asset firms would need licences, crypto would be treated as property but barred as a payment means, and individual investors would face eligibility tests and annual caps. Only large, established coins could initially trade.
