Gate News reports that on March 24, the Russian government approved the “Digital Currency and Digital Rights Law,” authorizing the Central Bank of Russia to review and approve digital assets allowed for circulation within the country. The law states that cryptocurrencies must meet the following three conditions to be listed in Russia: an average market capitalization of over 5 trillion rubles (approximately $600 million) in the past two years, a daily trading volume of at least 1 trillion rubles (about $120 million), and at least 5 years of public trading history. Mainstream assets such as Bitcoin, Ethereum, and Solana meet these standards.
According to the provisions, privacy tokens will be blacklisted, prohibiting trading and holding; the annual investment limit for ordinary investors is approximately $4,000; cryptocurrencies and stablecoins are classified as “monetary assets.”
In terms of regulation, violations by cryptocurrency exchanges can result in fines of up to 1 million rubles (about $12,000); fines for illegal mining companies can reach up to 2.5 million rubles (about $30,000); large-scale illegal mining activities can be sentenced to up to 5 years in prison. The law must be reviewed by the parliament before July 1, 2026.
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