Putin Signs Landmark Crypto Law in Russia

Russian President Vladimir Putin has signed into law a comprehensive bill regulating digital currencies and digital rights. The legislation establishes a legal framework for cryptocurrency trading, custody, and investment in Russia.

The new law, which takes effect on September 1, 2026, sets out the rules for licensed exchanges, digital depositories, and brokers to provide services to investors. Existing depositories may obtain digital depository status if they meet software, cybersecurity, and regulatory requirements.

Cryptocurrency transactions will only be allowed through licensed exchanges, while a new category of financial institutions-digital depositories-will provide custody, record-keeping, and settlement services. Only cryptocurrencies that meet regulatory standards for market capitalization, liquidity, and pricing history will qualify for trading on Russian exchanges.