
Bank of Russia expects fully legal crypto market by end of 2026
- —Federal Law No. 282-FZ on digital currencies took effect on September 1, 2026
- —Non-qualified investors are capped at 300,000 rubles of crypto purchases per year per intermediary
- —Exchanges, brokers and depositories must obtain CBR licenses by July 1, 2027
- —The CBR proposed capping banks' crypto-related risk at 1% of their own funds
Why it matters: Legalizing a major market sets a precedent for other jurisdictions and opens Russian capital to licensed venues.
Source: Crypto Briefing