Russia Implements New Crypto Regulations with Investor Caps
- The Bank of Russia now oversees licensed crypto intermediaries as of September 1, 2026.
- Retail investors in Russia are limited to purchasing up to $3,700 in crypto per year through any single licensed broker.
- Full licensing and compliance rules are set to be phased in by July 1, 2027.
- The law allows businesses involved in foreign economic activity to accept cryptocurrency for international trade starting September.
The new legislation, Bill No.1194918-8, gives the Bank of Russia control over the regulated crypto market, requiring exchanges and brokers to register as licensed intermediaries. This move aims to create a structured environment for crypto transactions within the country while maintaining restrictions on retail investments and enabling cross-border trade via digital assets.
With a cap on retail investor purchases and a legal framework for international business transactions using cryptocurrency, Russia is navigating its way through Western sanctions by leveraging digital assets strategically. Source
