Wire · regulatory
Russia's State Duma Passes First Comprehensive Crypto Law, Takes Effect September 1
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Fusion42 · 22 July 2026 · Fusion42 review
Russia's State Duma passed its first comprehensive crypto law, effective September 1, permitting licensed intermediaries to sell crypto to retail investors under a $3,800 annual cap and allowing crypto use in foreign trade settlements whilst maintaining a domestic payment ban.
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 infrastructure for international settlements, Russia just opened a $3,800-per-user retail channel and legitimised forex use in September - but the domestic payment ban means your product has two completely separate markets in one country. The licensed intermediary route is now the only legal onramp; unregistered operators face bank account freezes starting immediately.
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9 sources · first reported 20 Jul 2026 · latest 6 Aug 2026
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