Putin Signs Russia's Digital Currency Law as Japan Steps Up Crypto Oversight

Russian President Vladimir Putin has signed Federal Law №282-FZ “On Digital Currency and Digital Rights”, which will come into effect in phases starting September 1. The law sets a limit of 300,000 rubles per year for non-qualified investors to purchase crypto-assets through a single licensed intermediary after passing a risk-assessment test. Exchanges, brokers, custodians, and exchangers will be supervised by the Central Bank of Russia.

The Moscow Exchange is preparing to launch an independent digital-asset custody platform, which will operate as separate infrastructure and not be integrated into the exchange's trading systems or the National Settlement Depository (NSD). The platform is expected to roll out in late 2026 or early 2027, coinciding with the regulatory requirements for digital depository institutions.

The Financial Services Agency (FSA) of Japan has established a new Crypto-Assets and Stablecoins Division, which will oversee crypto-exchanges and address administrative priorities such as financial digitalization and improved regulatory oversight. The division will consist of three sub-units: the Crypto-Assets Monitoring Office, the Innovation Promotion Office, and the Digital Payment Planning Office.

The Tokyo Stock Exchange plans to introduce a re-examination regime for listed companies that undergo significant transformations, which may include crypto-treasury corporations. The framework will assess whether these companies meet listing eligibility criteria and may result in delisting or special designations for their stocks.