Putin Signs Landmark Crypto Law in Russia
Russian President Vladimir Putin has signed a landmark law regulating cryptocurrency exchanges and allowing retail and qualified investors to buy cryptocurrencies through certified financial intermediaries.
The new rules apply to crypto exchanges, digital depositories, brokers, asset managers, organized trading platforms, and clearing providers, but the ban on using cryptocurrency as a payment method remains in place.
From September 1, 2026, non-qualified investors will be permitted to purchase only crypto-assets that have been approved by regulators as being the most liquid. They must also pass a suitability test before buying up to 300,000 rubles' worth of crypto-assets through each intermediary annually.
Qualified investors can trade virtually any amount of cryptocurrency without such restrictions, provided they pass a test.