Russia's Finance Ministry invites foreign crypto firms, but sanctions risks loom
- —Partnership with Russian firms is the primary route for foreign crypto companies, the Finance Ministry said
- —Foreign players may alternatively open their own subsidiaries in Russia
- —The crypto regulation law took effect September 1, 2026; infrastructure must launch by July 1, 2027
- —Experts warn EU sanctions ban work with Russian crypto infrastructure entirely
Why it matters: EU sanctions and OFAC exposure risk may deter foreign firms despite Moscow's invitation.
Source: BeInCrypto RU
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