Russia's parliament approves sweeping crypto rules: cross-border settlements allowed, retail buying capped at 300,000 rubles a year
AI Market Summary
Russia's parliament approved a new crypto regulatory framework that permits cross-border settlements while imposing retail purchase caps (300,000 rubles annually; 3 million for qualified investors) and keeping domestic payments prohibited. The delayed start (September 2026) reduces immediate flow impact, but the clarity on cross-border usage may support institutional and corporate adoption narratives while limiting near-term local retail demand.
Impact level
● Medium
Affected assets
BTC/USDT+1.72%
AI Insight · BTC/USDTAI Insight
● Neutral
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Russia's parliament has passed a wide-ranging cryptocurrency regulatory framework that permits the use of crypto for cross-border settlements. The legislation sets an annual purchase limit of 300,000 rubles for retail traders, while "qualified" investors face a higher cap of 3 million rubles. Crypto payments within Russia remain prohibited. The new regime is scheduled to take effect in September 2026.
