Russian crypto regulation set for July rollout, says top lawmaker – DL News
- Retail investors’ crypto purchases will be capped at $4,000 per year.
- New rules to take effect in 2027, says top lawmaker.
- Central bank will decide which coins investors can buy, says expert.
Moscow will roll out long-awaited Russian crypto regulation in July, allowing both retail and institutional investors to buy Bitcoin by mid-2027, according to the chief architect of a new financial law.
A comprehensive legislative framework will be ready for State Duma lawmakers to vote on at the end of June, Anatoly Aksakov, the head of the State Duma’s Committee on the Financial Markets, told Russia’s Parliamentary Gazette.
The law will include regulations for crypto exchanges, which currently operate in a quasi-legal grey zone, Aksakov said….
