Russia Defines Property Status for Cryptocurrency
From September 1, 2026, Russia will introduce new rules for cryptocurrency circulation, giving digital currency a more defined property status while maintaining its non-ordinary money status. The legislation separates ownership rights, trading procedures, payments, and mining into four areas.
The main practical conclusion is that individuals can own and hold Bitcoin (BTC), Ethereum (ETH), or Tether USDT but will need to undergo KYC and risk testing for regulated purchases through Russian infrastructure. Businesses, on the other hand, will require formal requirements for mining, and companies using cryptocurrency in foreign trade must confirm specific purposes of payment.
Non-qualified investors will face a limit of 300,000 rubles per year in purchases through one intermediary, but this restriction does not apply to ownership. Companies cannot use digital currency as an ordinary means of paying for Russian goods, works, or services.