According to TASS, Russian President Vladimir Putin has formally signed the Law on Digital Currency and Digital Rights, establishing a comprehensive legal‑supervision framework for the domestic crypto‑asset sector. Its key provisions shall enter into force on September 1, 2026.

Russia’s stance on cryptocurrency has fluctuated over the years, shifting from early‑stage restrictions toward formal legislative governance. The new law marks the end of an unregulated grey‑zone era and brings Russia’s crypto‑market into law‑based compliant‑oriented development.

For tiered‑investor administration, market participants are classified into retail non‑accredited investors and accredited investors with differentiated trading privileges, shielding ordinary citizens from extreme price volatility. Retail investors may only purchase highly‑liquid crypto‑assets via licensed intermediaries, with an annual purchase ceiling of 300,000 rubles (around 3,700 US dollars) per‑agent account so as to limit risk‑exposure.

Accredited investors face no restrictions on asset categories or trading volumes. All traders are required to pass an investor‑suitability test evaluating their awareness of trading mechanics and crypto‑risks. A special‑status application route is also available: applicants may gain accredited‑investor qualification by submitting their historical market‑transaction records for practical‑friendly administration.

One core prohibition stays intact: digital currency and digital‑rights cannot serve as payment medium or legal tender on Russian territory. Crypto‑assets are tradable investment‑only instruments and are prohibited for goods‑and‑services settlement. The strict separation between investment and payment functionality safeguards the national fiat‑currency system, which forms the bottom‑line principle of Russian crypto‑supervision.