🪙 Russia is preparing new regulations for cryptocurrencies.
📊 The Central Bank of Russia announced that it is working on a comprehensive regulatory framework for the cryptocurrency market. The plan aims to allow both qualified and unqualified investors to access digital assets under certain rules and to complete the legal infrastructure by July 1, 2026.
💼 According to the new draft, unqualified investors will be able to purchase cryptocurrencies worth up to 300,000 rubles annually through a licensed brokerage. Investors will be classified based on their level of financial knowledge, income, assets, and work experience.
🔒 Digital assets and stablecoins will be legally recognized, but their use for payment of goods and services within Russia will remain prohibited. In contrast, individuals residing in Russia will be allowed to purchase crypto from abroad and make international transfers, provided they meet tax declaration requirements.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
#GateChristmasVibes
🪙 Russia is preparing new regulations for cryptocurrencies.
📊 The Central Bank of Russia announced that it is working on a comprehensive regulatory framework for the cryptocurrency market. The plan aims to allow both qualified and unqualified investors to access digital assets under certain rules and to complete the legal infrastructure by July 1, 2026.
💼 According to the new draft, unqualified investors will be able to purchase cryptocurrencies worth up to 300,000 rubles annually through a licensed brokerage. Investors will be classified based on their level of financial knowledge, income, assets, and work experience.
🔒 Digital assets and stablecoins will be legally recognized, but their use for payment of goods and services within Russia will remain prohibited. In contrast, individuals residing in Russia will be allowed to purchase crypto from abroad and make international transfers, provided they meet tax declaration requirements.