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Event File CRYPTO Cryptocurrency Regulation U.S. Cryptocurrency Legislation

Russia Advances Crypto Bill Allowing Cross-Border Settlements but Banning Domestic Payments

1 reports · First detected 2026-05-24 · Last active 2026-05-24

Western sanctions have restricted Russian companies’ access to channels for international trade and cross-border payments, prompting them to seek cryptocurrencies as an alternative settlement tool. The new bill distinguishes between cross-border trade and domestic consumer transactions, helping companies conduct international business while preserving the ruble’s legal status in Russia’s domestic payment system.

Russia’s State Duma has approved a cryptocurrency regulation bill in its first reading, allowing companies to settle international trade in cryptocurrencies while maintaining a blanket ban on their use to pay for domestic goods or services. The bill also designates the Bank of Russia as the main regulator responsible for issuing licenses and monitoring transactions. The information currently available does not specify the voting date, any monetary amounts or the timetable for further readings.

All Coverage

1 original reports
BLOCKTEMPO.COM 2026-05-24
俄羅斯一讀批准加密法案！準許加密貨幣跨境結算、但國內支付仍全面禁止

The Backstory

The history behind this event
Russia’s State Duma Moves Crypto Bill to Final Readings2026-07-20 · 2 reports · similarity 0.84

Russia is building a legal framework for digital assets as sanctions and restrictions on conventional payment channels increase the appeal of alternative cross-border settlement tools. The “Digital Currency and Digital Rights” bill would establish separate rules for qualified and non-qualified investors, seeking to expand the permitted use of cryptocurrencies while limiting retail exposure and maintaining oversight of capital moving across borders.

The State Duma is expected to hold the bill’s second and third readings on Tuesday, the final stages of parliamentary consideration. Under the proposal, non-qualified investors could buy up to 300,000 rubles of cryptocurrency a year, while qualified investors would be subject to separate limits. Caps would also apply to cross-border transfers. If approved, the legislation’s main provisions are scheduled to take effect on Sept. 1.

俄羅斯擬立法將未經註冊的加密貨幣服務入罪化2026-04-22 · 2 reports · similarity 0.81

俄羅斯政府向議會提交法案，提議對未經中央銀行許可而提供加密貨幣服務的個人或團體追究刑事責任。違法者可能面臨高額罰款、強制勞動或最高七年的監禁，旨在加強對數位貨幣流通的監管。

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