Written by Helen Partzstaff writerReviewed by Yohan Yunstaff editor

Written by Helen Partzstaff writer

Reviewed by Yohan Yunstaff editor

Russia’s parliament to hold final readings on crypto bill Tuesday

Latest NewsPublishedJul 20, 2026

Russia’s State Duma is set to consider the crypto regulation bill in second and third readings, with rules for investors and cross-border payments included.

Russia’s parliament, the State Duma, is preparing to hold final readings on a bill to regulate the cryptocurrency market.

The draft bill No. 1194918-8, titled “On Digital Currency and Digital Rights,” will undergo second and third readings on Tuesday, as reported by Anatoly Aksakov, chairman of the State Duma Committee on Financial Markets, as reported by RBC.

The bill would introduce limits for non-qualified investors, including a 300,000 ruble ($3,800) annual limit on crypto purchases through a single intermediary and a 100,000 ruble limit for transfers abroad. Qualified investors would face higher limits of 3 million rubles for purchases and 1 million rubles for transfers abroad, respectively.

If approved, the legislation would establish a legal framework for crypto activity in Russia, including rules for investors and cross-border trade operations.

The main provisions are expected to take effect on Sept. 1 if the bill is passed. Aksakov stated the bill would create legal conditions for cryptocurrency utilize in Russia. He added that the legislation would allow companies involved in supplying goods to Russia to utilize crypto assets “without excessive legislative and legal restrictions.”

Related: Russia’s largest private bank, Alfa-Bank, tests crypto trading

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

• Bank of Russia
• Russia
• Policy
• Transactions
• Regulation

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