Published on: 2026-04-02
Source: Government of the Russian Federation – Government of the Russian Federation –
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The government has submitted a bill on the regulation of digital currency transactions for consideration by the State Duma. The initiative was prepared by the Ministry of Finance of Russia jointly with the Bank of Russia as part of a plan to deregulate certain sectors of the economy. Its implementation is overseen by the Deputy Chairman of the Government – Head of the Government Office Dmitry Grigorenko.
The bill introduces general requirements for cryptocurrency turnover. In particular, Russians will have the opportunity to legally invest in digital currencies on a licensed Russian platform, as well as use the services of brokers and management companies when conducting operations with digital assets. Thus, transactions with digital currency must be carried out only through legal intermediaries who comply with anti-money laundering and terrorism financing requirements. Exchanges, brokers, and trust management companies will be able to conduct operations with cryptocurrencies based on valid licenses.
Banks are also prohibited from transferring funds to foreign and unofficial crypto exchanges and crypto exchangers if the transactions are conducted without Russian licensed intermediaries. These rules do not restrict legal international transactions with cryptocurrency—for example, the sale of cryptocurrency abroad and operations of companies engaged in foreign economic activity. Such transactions continue to be performed within the framework of the existing regulation.
At the same time, residents will be able to purchase cryptocurrencies abroad (paying from foreign accounts) and transfer the purchased cryptocurrencies through Russian intermediaries abroad. Residents are required to notify the Federal Tax Service (FNS) about foreign transactions.
Unqualified investors who have passed testing will be able to acquire the most liquid cryptocurrencies included in the Bank of Russia’s list, within the limit established by the Bank of Russia. Qualified investors (individuals) who have passed testing will be able to acquire other cryptocurrencies without volume restrictions on transactions.
“The draft law creates clear and transparent rules for working with digital currency in Russia, including the launch of organized exchange turnover. In fact, it is about the formation of a national cryptocurrency market infrastructure with clear admission and regulation criteria for its participants. These measures are aimed at reducing the share of anonymous and illegal operations with digital assets, which criminals often use for fraud, money laundering, or tax evasion,” said Dmitry Grigorenko.
It is assumed that the new requirements will come into effect on July 1, 2026.
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