Russia will introduce a crypto regulatory framework in July, with legislation covering crypto exchanges and penalties for unregistered operators. The post RussiaRussia will introduce a crypto regulatory framework in July, with legislation covering crypto exchanges and penalties for unregistered operators. The post Russia

Russia’s Crypto Law to Cap Retail Bitcoin Buys at $4,000 a Year Ahead of 2027 Launch

  • Russia will vote on a crypto rulebook in June, aiming to legalise Bitcoin for retail and institutional investors by July 2027.
  • Exchanges will face strict licensing, with unregistered platforms facing criminal penalties and fines similar to illegal banking.
  • Retail trading will be capped, featuring a proposed $4,000 annual limit and a “whitelist” of approved coins like Bitcoin and Ethereum.

Russia plans to introduce a full crypto rulebook this summer, with the goal of making legal Bitcoin (BTC) access possible for both retail and institutional investors by mid-2027, according to Anatoly Aksakov, who leads the State Duma’s financial markets committee.

Aksakov said the package will be ready for lawmakers to vote on at the end of June. If it passes, the law is expected to take effect on July 1, 2027.

The biggest change is that crypto exchanges would be brought into a licensing regime. Today, many platforms operate in a legal gray area. Under the draft approach, running an exchange without registration would be treated like illegal banking, which means that penalties could include fines and, in serious cases, prison.

Russia has argued for years over whether to regulate crypto or ban it, going back and forth with it, and just reaching deadlock after deadlock. The finance ministry is pushing for regulation and taxes, and the central bank is pushing for a China-style ban. 

That constant deadlock has eased as crypto use has grown, especially for cross-border payments that avoid dollars. 

Read more: Winter Storm Freezes Crypto Rulemaking in Washington

Limited Access and Cryptocurrencies

Aksakov pointed to rising demand from banks and traders for access to “real” crypto rather than only derivative exposure. In parallel, the central bank still plans to launch the digital ruble nationwide in September.

Retail access would come with limits. Aksakov said retail buyers will need to pass an eligibility test. Lawmakers have also discussed a yearly cap of US$4,000 (AU$5.6K) for retail crypto purchases.

Alexandra Fedotova, lawyer at White Stone Consulting, told Parliamentary Gazette that retail trading may be restricted to a short list of top cryptocurrencies set by the central bank:

The central bank will most likely compile a list of the top five or 10 highest-cap cryptocurrencies on major crypto exchanges. That list will definitely include Bitcoin and Ethereum. It might also include Solana and Toncoin, given their popularity in Russia.

Lawyer Alexandra Fedotova, White Stone Consulting

Read more: Hyperliquid Heats Up: Onchain Perps Liquidity Smashes Records

The post Russia’s Crypto Law to Cap Retail Bitcoin Buys at $4,000 a Year Ahead of 2027 Launch appeared first on Crypto News Australia.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

[Time Trowel] Zamboanga City and ‘Chief of War’

[Time Trowel] Zamboanga City and ‘Chief of War’

Zamboanga's importance never came from being a center that pulled everything inward, but from being a place where connections met and continued.
Share
Rappler2026/02/01 10:00
The Federal Reserve cut interest rates by 25 basis points, and Powell said this was a risk management cut

The Federal Reserve cut interest rates by 25 basis points, and Powell said this was a risk management cut

PANews reported on September 18th, according to the Securities Times, that at 2:00 AM Beijing time on September 18th, the Federal Reserve announced a 25 basis point interest rate cut, lowering the federal funds rate from 4.25%-4.50% to 4.00%-4.25%, in line with market expectations. The Fed's interest rate announcement triggered a sharp market reaction, with the three major US stock indices rising briefly before quickly plunging. The US dollar index plummeted, briefly hitting a new low since 2025, before rebounding sharply, turning a decline into an upward trend. The sharp market volatility was closely tied to the subsequent monetary policy press conference held by Federal Reserve Chairman Powell. He stated that the 50 basis point rate cut lacked broad support and that there was no need for a swift adjustment. Today's move could be viewed as a risk-management cut, suggesting the Fed will not enter a sustained cycle of rate cuts. Powell reiterated the Fed's unwavering commitment to maintaining its independence. Market participants are currently unaware of the risks to the Fed's independence. The latest published interest rate dot plot shows that the median expectation of Fed officials is to cut interest rates twice more this year (by 25 basis points each), one more than predicted in June this year. At the same time, Fed officials expect that after three rate cuts this year, there will be another 25 basis point cut in 2026 and 2027.
Share
PANews2025/09/18 06:54
SUI At The Smart Money Zone: Big Moves Brewing Above $2

SUI At The Smart Money Zone: Big Moves Brewing Above $2

The post SUI At The Smart Money Zone: Big Moves Brewing Above $2 appeared on BitcoinEthereumNews.com. SUI is approaching a critical smart money zone, with price
Share
BitcoinEthereumNews2026/02/01 10:00