According to TASS, Russian President Putin signed a law on August 4, establishing the first comprehensive regulation of cryptocurrency and digital rights circulation within Russia. The law creates an operational framework for cryptocurrency exchanges, digital custodians, and market participants, while regulating cryptocurrency mining and the issuance and circulation of digital financial assets (DFAs). Key provisions include: cryptocurrency exchanges must be included in a special registry to operate (transition period until July 1, 2027), with a minimum authorized capital requirement of 15 million rubles (approximately $187,000); the use of cryptocurrencies for payment of goods and services within Russia remains prohibited, but they are permitted for cross-border trade settlement and mining proceeds; non-qualified investors are limited to purchasing no more than 300,000 rubles (approximately $3,700) per year from each intermediary, while qualified investors face no such limits; banks are authorized to freeze funds involved in suspected unauthorized cryptocurrency transactions. Core provisions of the law will take effect on September 1, 2026, with certain clauses to be implemented in phases on July 1 and September 1, 2027.
Putin Signs Russia’s Comprehensive Digital Currency Regulation Law
TechFlowShare
Summary
Russia’s digital asset regulation took a major step forward as President Putin signed a comprehensive law on August 4, 2026, to govern digital currencies and digital rights. The law establishes rules for exchanges, custodians, and market participants, including mandatory exchange registration by July 1, 2027, with a minimum capital requirement of 15 million rubles. Cryptocurrencies remain prohibited for domestic payments but are permitted for cross-border trade and mining. Non-qualified investors are limited to an annual investment of 300,000 rubles per intermediary, while qualified investors face no such limits. Banks are authorized to freeze unauthorized crypto transactions. Core provisions take effect on September 1, 2026, with additional measures to be implemented in 2027. The move aims to stabilize liquidity and crypto markets while ensuring regulatory compliance.
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