Russia Enacts First Comprehensive Crypto Law, Core Rules Begin September 2026
President Vladimir Putin has signed legislation creating Russia's first full legal framework for cryptocurrencies, with central-bank licensing of exchanges and a continued ban on domestic crypto payments.
AfroEuropa Newsroom
AfroEuropa desk
Russian President Vladimir Putin has signed legislation establishing the country's first comprehensive legal framework for cryptocurrencies, according to BitKE. The core provisions are scheduled to take effect on September 1, 2026, and formalize oversight of exchanges, brokers, and other digital asset service providers.
Under the new rules, crypto trading must be carried out through entities licensed by the Bank of Russia. The law also maintains Russia's existing prohibition on using cryptocurrencies to pay for goods and services domestically.
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