New Russian Crypto Bill Sparks Major Shift in Digital Asset Use
Russia is advancing toward mainstream cryptocurrency integration with new legislation designed to relax stringent controls. Anatoly Aksakov, head of the State Duma Committee on Financial Markets, confirmed a draft bill aims to remove digital currencies from special financial regulations, making them more practical for daily use.
The bill, a key topic for the State Duma’s spring session, proposes allowing non-qualified investors to purchase digital assets—capped at 300,000 rubles to mitigate risks. Professional investors face no such restrictions. Lawmakers emphasize balancing innovation with systemic risk reduction.