Privacy-focused coins are expected to be restricted, and cryptocurrencies would still not be allowed for everyday payments inside Russia.
Stablecoins Allowed for Foreign Trade
One major change in the bill is how it treats stablecoins. While crypto payments will still be banned inside Russia, stablecoins would be allowed for foreign trade and cross-border payments.
The bill also gives the Central Bank of Russia the authority to decide which cryptocurrencies can be legally traded.
This shows a softer approach from the central bank, which earlier supported a complete crypto ban.
Years of Delay, Momentum Finally Builds
Crypto regulation in Russia has been delayed for years due to disagreements between the finance ministry and the central bank. However, rising demand for dollar-free payments and more investment choices has pushed regulators toward compromise.
If passed, the law would allow both retail and institutional investors limited access to Bitcoin and other approved assets by mid-2027, marking a major shift in Russia’s crypto policy.
Trust with CoinPedia:
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
Investment Disclaimer:
All opinions and insights shared represent the author’s own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored and Advertisements:
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
