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Russia legalizes crypto in September expecting $40 billion in regulated trade within a year

Russia legalizes crypto in September expecting $40 billion in regulated trade within a year

Russia’s new digital currency law takes effect on September 1, legalizing some crypto transactions while permanently banning others and creating a formal regulatory framework. The law expands access to Bitcoin and other digital assets for non‑professional investors and could facilitate actors seeking to evade Western sanctions, boosting domestic adoption but increasing sanction-related risk for crypto markets.

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