Russia Sets 2026 Deadline for Crypto Laws as Central Bank Tightens Control
Russia’s central bank has unveiled a comprehensive roadmap for cryptocurrency regulation, targeting July 1, 2026 as the deadline for finalizing legal frameworks. The move responds to surging crypto adoption among Russian citizens and growing digital asset holdings.
The proposed legislation aims to establish clear guidelines for cryptocurrency usage, oversight mechanisms, and operational boundaries within Russia's financial ecosystem. Regulatory focus extends beyond individual users to encompass intermediaries, trading platforms, and transaction services.
Bank of Russia has already submitted draft amendments to government authorities, seeking to impose traditional financial sector compliance standards on crypto market participants. The framework includes provisions for penalizing illegal activities in the digital asset space.
