Russian President Vladimir Putin signed a crypto law establishing market rules for exchanges, custodians and investors, with core provisions taking effect in September 2026.
Russian President Vladimir Putin has signed a law creating a regulated framework for cryptocurrency markets in Russia.
Putin signed bill No. 1194918-8, titled “On Digital Currencies and Digital Rights,” into law on Tuesday, according to official records from the State Duma, Russia’s lower house of parliament. The legislation establishes rules for crypto market participants, including exchanges, brokers, custodians and other crypto service providers.
The law requires crypto exchange operators to meet regulatory requirements and join a financial market self-regulatory organization. It limits retail investors to buying approved crypto assets through intermediaries, with an annual cap of 300,000 rubles ($3,700) per intermediary. Qualified investors will be allowed to purchase any cryptocurrency without such restrictions.
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