The Russian State Duma will hold the final review of the crypto regulatory bill on Tuesday
2026-07-20 10:43
Odaily Odaily Planet Daily News: The Russian State Duma will conduct the second and third readings of the cryptocurrency regulatory bill on Tuesday. The bill, titled "Digital Currency and Digital Rights," includes investor rules and regulations related to cross-border payments.
The bill proposes restrictions for non-qualified investors, including an annual cap of 300,000 rubles (approximately $3,800) on cryptocurrency purchases through a single intermediary, and a cap of 100,000 rubles on transfers abroad. For qualified investors, the purchase cap is 3 million rubles, and the cap for overseas transfers is 1 million rubles.
If the bill is approved, Russia will establish a legal framework for crypto activities, covering investor protection and rules for cross-border trade operations. The main provisions of the bill are expected to take effect on September 1st and will allow enterprises supplying goods to Russia to use crypto assets.
The bill proposes restrictions for non-qualified investors, including an annual cap of 300,000 rubles (approximately $3,800) on cryptocurrency purchases through a single intermediary, and a cap of 100,000 rubles on transfers abroad. For qualified investors, the purchase cap is 3 million rubles, and the cap for overseas transfers is 1 million rubles.
If the bill is approved, Russia will establish a legal framework for crypto activities, covering investor protection and rules for cross-border trade operations. The main provisions of the bill are expected to take effect on September 1st and will allow enterprises supplying goods to Russia to use crypto assets.
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