Putin Signs Crypto Law with Core Rules Set for 2026 Rollout

Russian President Vladimir Putin has signed a law governing cryptocurrencies in Russia, marking a significant development for the country's growing crypto market. The core rules of the law are set to take effect in 2026.

The new law aims to regulate the use and exchange of cryptocurrencies in Russia, including Bitcoin, altcoins, and stablecoins. It also establishes requirements for cryptocurrency exchanges, wallet providers, and other related businesses operating within the country.

While details about specific rules and regulations are still scarce, industry insiders expect the law to impose stricter oversight on crypto transactions and require operators to obtain licenses from the Central Bank of Russia.

The implementation of this new legislation is expected to bring order and stability to Russia's previously unregulated crypto market. However, some experts warn that overly restrictive rules could stifle innovation and hinder growth in the sector.