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Russia Gives Crypto Firms Until July 2027 to Obtain Licences Under New Market Rules
Russia’s State Duma has adopted legislation creating a regulated cryptocurrency market, Exchanges, custodians and other service providers must obtain licences under the new framework until 1 July 2027. From that date, cryptocurrency trading inside Russia will be required to pass through licensed intermediaries, while banks must reject transfers that fall outside the authorised regime. Most provisions of the law take effect on 1 September 2026. The legislation introduces a licensing regime for crypto exchanges, crypto exchange offices and digital custodians, allowing both existing financial institutions and new ... (full story)
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