Regulation
Russia’s State Duma Passes Bill Establishing Regulated Retail Crypto Trading
Russia’s State Duma passed a bill creating a regulated framework for retail cryptocurrency trading, including registration and oversight requirements for exchanges, brokers and custodians. Non-qualified retail investors would be limited to 300,000 rubles in annual purchases per intermediary.
AS1 News
Russia’s State Duma passed a landmark bill establishing regulated retail cryptocurrency trading in the country.
The measure creates oversight and registration requirements for cryptocurrency exchanges, brokers and custodians. It would allow non-qualified retail investors to buy crypto assets within an annual limit of 300,000 rubles per intermediary.
The bill does not lift Russia’s prohibition on using cryptocurrency for domestic payments. However, certain cryptocurrency settlements connected to foreign trade would be permitted under the framework.
The measure matters because it would shift Russia’s crypto market from a restricted framework toward a formally regulated trading regime covering both retail participation and the intermediaries that provide market access and custody services.
Confirmed provisions include the State Duma’s passage of the bill, the annual retail purchase limit, the registration and oversight requirements for intermediaries, the continued ban on domestic crypto payments and permission for certain foreign-trade settlements.
The supplied event package does not specify the bill’s implementation timeline, detailed compliance rules or whether any subsequent steps are required before the framework takes effect. The practical scope of permitted foreign-trade settlements also remains unspecified.
The bill would establish formal rules for retail crypto access in Russia while bringing exchanges, brokers and custodians under registration and oversight requirements. It preserves the domestic payments ban but permits certain foreign-trade uses.