【BitPush】Russian State Duma Committee on Financial Markets Chairman Anatoly Aksakov revealed a major news— a new bill on cryptocurrency regulation framework is ready and is expected to become a key topic at the upcoming spring session.
What is the core change of this bill? In simple terms, cryptocurrencies will be released from the “special financial regulation” framework and are expected to become a common option in the daily financial life of Russian residents in the future.
It is worth noting the differentiated regulations for different investors. Ordinary investors (non-professionals) can participate in the cryptocurrency market, but with a limit—individuals cannot purchase more than 300,000 rubles worth of digital assets. In contrast, professional financial market participants face no such restrictions and can operate more freely.
In terms of application scenarios, the bill also allows cryptocurrencies to be used for international settlements. This means that digital assets issued by Russia have the opportunity to further enter the financial markets of other countries, opening possibilities for cross-border applications.
The advancement of this bill marks a gradual clarification of Russia’s attitude toward cryptocurrency policy—from strict regulation to orderly guidance.
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Russia will introduce a new bill, and cryptocurrencies may usher in mainstream adoption
【BitPush】Russian State Duma Committee on Financial Markets Chairman Anatoly Aksakov revealed a major news— a new bill on cryptocurrency regulation framework is ready and is expected to become a key topic at the upcoming spring session.
What is the core change of this bill? In simple terms, cryptocurrencies will be released from the “special financial regulation” framework and are expected to become a common option in the daily financial life of Russian residents in the future.
It is worth noting the differentiated regulations for different investors. Ordinary investors (non-professionals) can participate in the cryptocurrency market, but with a limit—individuals cannot purchase more than 300,000 rubles worth of digital assets. In contrast, professional financial market participants face no such restrictions and can operate more freely.
In terms of application scenarios, the bill also allows cryptocurrencies to be used for international settlements. This means that digital assets issued by Russia have the opportunity to further enter the financial markets of other countries, opening possibilities for cross-border applications.
The advancement of this bill marks a gradual clarification of Russia’s attitude toward cryptocurrency policy—from strict regulation to orderly guidance.