Russia's New Digital Asset Law Takes Effect, Retail Annual Investment Cap Approximately $3,700

Odaily Planet Daily News: Russia's Digital Asset Law took effect on September 1, 2026, legalizing regulated cryptocurrency trading nationwide. When retail investors purchase cryptocurrencies through a single licensed intermediary, the annual cap is set at 300,000 rubles, approximately $3,700.

The Bank of Russia will oversee licensed cryptocurrency intermediaries. Exchanges, brokers, and custodians must register as licensed intermediaries and join self-regulatory organizations in the financial market before they can legally provide services to clients.

The Bank of Russia will also determine which digital assets licensed intermediaries may offer. Professional investors are not subject to the 300,000-ruble annual cap, and the ban on using digital assets to pay for goods and services within Russia remains in effect.

Starting September 1, enterprises engaged in foreign economic activities can use cryptocurrencies to pay for goods, works, or services in international trade. The full licensing and compliance requirements are expected to be implemented by July 1, 2027. (Bitcoin.com News)