Russia's cryptocurrency regulation plan is scheduled to be introduced in July this year for lawmakers to vote on.

GateNews
BTC2,53%
ETH2,17%

PANews January 29 News, according to DL News citing the Russian Parliament Gazette, Moscow will introduce Russia’s cryptocurrency regulation policy in July, allowing retail and institutional investors to purchase Bitcoin before mid-2027. Anatoly Aksakov, Chairman of the State Duma Financial Market Committee, stated that a comprehensive legislative framework will be ready by the end of June for voting by State Duma deputies. If approved, the bill will come into effect on July 1, 2027. Aksakov said that the bill will include regulatory provisions for cryptocurrency exchanges, and unregistered cryptocurrency exchange operators may face fines or imprisonment, similar to Russia’s laws against illegal banking activities. According to the plan, retail investors will need to pass a qualification test to trade cryptocurrencies and may be subject to an annual purchase limit of $4,000. The central bank is expected to develop a whitelist of cryptocurrencies available for retail trading, possibly including mainstream assets like Bitcoin and Ethereum; qualified investors will be able to trade tokens outside the whitelist.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Bitcoin Breaks Through 68,000 USDT, Up 1.05% Within the Day

Gate News message: On April 6, market data shows that Bitcoin has broken through 68,000 USDT; it is currently trading at 68,007.46 USDT, with a intraday gain of 1.05%.

GateNews5m ago

Decode the luck of a solo Bitcoin Miner winning 210.000 USD

A solo Bitcoin miner recently won $210,000 by successfully mining a block on CKpool, highlighting the rarity and luck involved in solo mining. With a success probability of 1 in 28,000 daily, solo mining remains appealing despite its low odds, contrasting with the stability of pool mining for most miners.

TapChiBitcoin14m ago

Quantum computing is a major threat to Bitcoin and crypto

This week, Google released a research paper describing how—at least in theory—a quantum computer could derive the Bitcoin private key in 9 minutes, setting off ripple effects across Ethereum, other tokens, private banks, and possibly everything in this world. Quantum computers are easily misunderstood as a ph

TapChiBitcoin15m ago

Michael Saylor dismisses Schiff's warning that 'MSTR will collapse,' citing 36% annual profits from Bitcoin

Michael Saylor, CEO of MicroStrategy, defends the company's Bitcoin strategy against investor Peter Schiff's warning about MSTR stock. Despite losses, Saylor emphasizes Bitcoin's superior performance compared to gold and the S&P 500 since 2020.

TapChiBitcoin15m ago

BTC Breaks Through 69000 USDT

Gate News bot 消息,Gate 行情显示,BTC 突破 69000 USDT,现价 69028 USDT。

CryptoRadar57m ago

BTC 15-minute rise of 0.79%: Institutional pullback and structural fund outflows driving market fluctuations

2026-04-05 22:30 to 2026-04-05 22:45(UTC), the BTC price fluctuated in the range of 67416.0 to 67986.7 USDT. Within 15 minutes, the return reached +0.79%, and the amplitude was 0.85%. The rapid change on the market quickly drew attention, with volatility increasing, but overall trading volume did not show extreme amplification, and sentiment was mainly cautious and volatile. The main drivers behind this move are the continued withdrawal of institutional funds and large capital net outflows to outside trading platforms. On-chain data shows that in the past 24 hours, the whole-network BTC net outflow was -2,1

GateNews1h ago
Comment
0/400
No comments