Russia Moves to Mainstream Crypto With Regulatory Overhaul
Russia is advancing legislation to integrate cryptocurrencies into its general legal framework, removing them from special financial regulations. The bill, spearheaded by Financial Market Committee chair Anatoly Aksakov, aims to establish clear rules for retail and institutional investors while combating scams through exchange regulations.
Retail investors WOULD face a 300,000-ruble ($3,800) cap on crypto purchases, while qualified professionals operate without restrictions. The proposal also opens doors for crypto use in international payments and potential trading of Russian digital tokens abroad.
The MOVE follows a December 2025 proposal from the Bank of Russia and is slated for parliamentary review during the spring session. Market observers note this could signal Moscow's broader strategy to harness digital assets amid geopolitical tensions.
