Russia Brings Bitcoin, Ethereum Under Regulatory Umbrella

Russia's new cryptocurrency law has taken effect on September 1, 2026, bringing Bitcoin, Ethereum, and USDT into a regulated market under the Bank of Russia's supervision.

The law creates a framework for crypto exchanges, brokers, custodians, and other market operators to operate under the supervision of the Bank of Russia. Existing market participants have until July 1, 2027, to meet the new licensing requirements.

Retail investors can now access Bitcoin, Ethereum, and USDT through licensed platforms, but strict purchase limits remain in place, with non-qualified investors limited to buying up to 300,000 rubles (approximately $3,700) per year. Qualified investors face no purchase limit.