Putin Signs Russian Crypto Law with September Effect Date

Russian President Vladimir Putin has signed a law creating a regulated framework for cryptocurrency markets in Russia.

The legislation, titled “On Digital Currencies and Digital Rights,” establishes rules for crypto market participants, including exchanges, brokers, custodians, and other crypto service providers.

Crypto exchange operators will be required to meet regulatory requirements and join a financial market self-regulatory organization.

Retail investors will be limited to buying approved crypto assets through intermediaries, with an annual cap of 300,000 rubles ($3,700) per intermediary. Qualified investors will have no such restrictions.

The core provisions of the law take effect on September 1, 2026, while some measures, including rules for non-resident digital depositories, will take effect on July 1, 2027.