Final adoption requires further parliamentary readings and presidential approval, with rollout expected later in the year.
Russia’s Ministry of Finance expects a short delay in the adoption of a draft law that would create a legal framework for the country’s cryptocurrency market.
Alexey Yakovlev, director of the ministry’s financial policy department, told Interfax that the bill is largely ready, but is unlikely to be adopted by the initial 1 July 2026 target. He said the draft is expected to move to committee review before its second reading in the State Duma.
The bill, titled ‘On Digital Currency and Digital Rights’, was approved by the State Duma in its first reading on 21 April. It…
