Wire · regulatory
Russia passes historic crypto rules to regulate trading and target foreign trade
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Fusion42 · 22 July 2026 · Fusion42 review
Russia's parliament has passed its first comprehensive cryptocurrency law, effective September 1, which legalises crypto trading through licensed exchanges and allows limited use in foreign trade whilst maintaining a domestic payment ban and capping retail purchases at $3,800 annually.
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 cross-border settlement or sanctions-compliant payments tech, Russia just opened a legal corridor for crypto in foreign trade that Western firms cannot access—but your Russian counterparts now can. The $3,800 retail cap forces institutional and corporate volume into licensed exchanges starting Sept 1, creating a captive market for the handful of licensed intermediaries and their tech suppliers.
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9 sources · first reported 20 Jul 2026 · latest 6 Aug 2026
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