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Russia Cryptocurrency Law Enacts Major Industry Overhaul
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Fusion42 · 22 July 2026 · Fusion42 review
Russia's State Duma has enacted its first comprehensive cryptocurrency law, effective 1 September 2026, imposing a $3,800 annual purchase cap on retail investors, requiring crypto exchanges to register with authorities by 1 July 2027, and banning domestic crypto payments except for foreign trade settlements. The move directly counters EU sanctions deployed in April 2026 against Russian crypto providers.
This Wire brief sits within Fusion42's coverage of Crypto & Web3, and 9 sources have reported it between 20 Jul 2026 and 6 Aug 2026.
◆ ◆ The Wire takeaway
If you build crypto rails for Russian clients or cross-border trade, you now have a legal on-ramp—but only for foreign trade and qualified investors, and only through registered intermediaries by July 2027. Russia has written the carve-out to the EU's ban; the question is whether your compliance can move as fast as the law.
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9 sources · first reported 20 Jul 2026 · latest 6 Aug 2026
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