[CLSTR]
< Back to situations

We’ll email you as it develops, and you can follow the whole thread from day one.

[SITUATION] · [ACTIVE]

6 clusters · 29 sources · 42 days · First seen · Last updated

Categories: BUSINESS · TECHNOLOGY

Russia pushes crypto law, central bank drafts rules

Entities: Elvira Nabiullina · State Duma · cryptocurrency exchanges · Central Bank of Russia

Overview

By late July 2026 Russia continued to flesh out its crypto regulatory framework. After the State Duma gave the bill “On Digital Currency and Digital Rights” its second and third readings on 21 July, the Central Bank of Russia issued a draft set of rules on 28 July. The draft places cryptocurrency trading under the same supervisory regime as securities and foreign exchange, requiring exchanges to report transactions, publish real‑time prices, monitor for market manipulation and submit periodic activity reports. Custodians of digital assets must hold capital of 50 million to 250 million rubles and meet enhanced custody and record‑keeping standards. It also defines “digital currency” within the regulator’s organized‑trading rules, creating the first legal basis for crypto operators in Russia. The proposal is to be considered by the State Duma as part of the broader legislation that aims to enable digital assets for international settlements while navigating sanctions. The bill now moves to the Federation Council, with a prospective presidential signature on 1 September 2026, establishing a regulated channel for foreign trade while preserving the ruble as the sole legal tender.

Timeline

  1. 5 days ago

    [BUSINESS] 2 sources
    Russia's Central Bank Issues Draft Rules to Regulate Cryptocurrency Trading

    Russia's central bank drafted rules forcing crypto exchanges to report and custodians to hold capital, paving the way for regulated digital‑currency trading pending Duma approval.

  2. 9 days ago

    [BUSINESS] 2 sources
    Russia adopts first comprehensive cryptocurrency regulation

    Russia’s State Duma passed a comprehensive crypto law creating a licensing regime, limiting retail purchases and allowing limited cross‑border use, pending Senate approval and presidential signature.

  3. 13 days ago

    [BUSINESS] 20 sources
    Russia's State Duma Approves Crypto Law for International Trade

    Russia’s Duma passed a law treating crypto as property, licensing exchanges and permitting cross‑border crypto trade while banning domestic payments and capping retail purchases at 300 k roubles.

  4. 23 days ago

    [BUSINESS] 2 sources
    Russia Tightens Crypto Reporting, Lowers Threshold to 60,000 Rubles

    Russia lowers the crypto‑transaction reporting threshold to 60,000 rubles, requiring detailed data for larger trades and expanding Central Bank powers; the law is set to take effect in September 2024.

  5. about 1 month ago

    [TECHNOLOGY] 2 sources
    Russia to Mandate Digital Ruble Use Starting Sept. 1, 2026

    Russia will enforce use of its digital ruble from Sept 1 2026, starting with 12 major banks and large retailers, in a phased rollout through 2028. Technical readiness is claimed, but only 10 % of citizens favor

  6. about 2 months ago

    [BUSINESS] 2 sources
    Russia to Phase Out Visa and Mastercard Cards by 2028

    Russia will cut interbank fees on Visa and Mastercard cards to zero by 2028, aiming to retire them as Mir cards dominate domestic payments.

Sources

abmedia.io · actualidad.rt.com · blocktempo.com · citybizlist.com · coin-turk.com · coingeek.com · coinotag.com · coinpaper.com · cryptobriefing.com · cryptonomist.ch · dagens.com · de.rt.com · en.bitcoinsistemi.com · en.coin-turk.com · exame.com · floranews.nl · inversion.es · jubilo.dk · livebitcoinnews.com · merca2.es · neweconomy.jp · news.bitcoin.com · nu-vera.com · portalvalencarj.com.br · sondakika.com · spacemoney.com.br · thecointribune.com · themarketperiodical.com · tronweekly.com