Russian President Vladimir Putin has signed a law that for the first time comprehensively regulates the circulation of digital currencies and digital rights. The main part of the new rules will come into force on September 1, 2026.

Cryptocurrency trading will be organized through regulated platforms, while the storage and accounting of assets will be transferred to digital depositories. Brokers and management companies, including those connecting Russian investors with foreign infrastructure, will be able to act as intermediaries between exchanges and clients.

Crypto exchangers will also receive legal status. To operate, they will need to be included in a special register, have capital of at least 15 million rubles, and join a self-regulatory organization. The transitional period without registration will last until July 1, 2027.

It is still not possible to use cryptocurrency for payment for goods and services within Russia. Exceptions are provided for foreign trade contracts, settlements between crypto market participants, payment of commissions, and certain operations with digital rights and securities.

Unqualified investors will be able to buy the most liquid coins after testing – no more than 300 thousand rubles per year from each intermediary. According to the Central Bank's representatives, Bitcoin, Ethereum, and USDT may meet the capitalization, liquidity, and trading history requirements. Qualified participants will be allowed to purchase any cryptocurrencies without such a limit.

Banks will also be obliged to block transfers to illegal exchangers. Separate provisions on foreign depositories and the restriction of suspicious operations will come into effect on July 1, 2027, and some technical norms – on September 1, 2027.