Russia's Crypto Law Brings Bitcoin, Ethereum, and USDT into Regulated Market
Russia's new cryptocurrency law has taken effect, bringing Bitcoin, Ethereum, and USDT into a regulated market under the Bank of Russia's supervision.
The law, signed by President Vladimir Putin on August 4, 2026, creates a framework for crypto exchanges, brokers, custodians, and other market operators to operate under the bank's oversight.
Existing market participants have until July 1, 2027, to meet new licensing requirements.
Retail investors can now access the three approved assets through licensed platforms, but are subject to strict purchase limits, with a maximum of 300,000 rubles ($3,700) per year for non-qualified investors.
The law also grants cryptocurrencies legal status as property, allowing owners to seek protection over their digital assets.