Russia's parliament has drafted a bill to legalize #Bitcoin and crypto buying for all investors, marking a significant step toward adoption in the world's 9th-largest economy. The bill aims to create a regulated framework, distinguishing between qualified and non-qualified investors, with retail investors allowed to purchase cryptocurrencies through licensed intermediaries, subject to annual spending limits of 300,000 rubles (~$3,800) ¹ ².
The Moscow Exchange and St. Petersburg Exchange are set to launch formalized crypto markets by mid-2026, offering services like spot trading, derivatives, and custody solutions. This move is expected to boost institutional capital, innovation in tokenization, and leverage crypto as a tool for geopolitical resilience ¹.
The regulatory clarity is growing, and global crypto momentum continues to build, with Russia's crypto market already demonstrating explosive growth, becoming Europe's largest by volume ¹.
BTC
95,903.99
-0.95%