The Russian State Duma has passed a bill regulating the cryptocurrency market, awaiting Putin's signature

According to Cointelegraph, the State Duma of Russia has passed the bill No. 1194918-8 "Digital Currency and Digital Rights" in its second and third readings on Tuesday, setting rules for the operation of crypto assets and cross-border trade within the country.

The bill establishes a regulatory framework for market participants such as cryptocurrency exchanges, brokers, asset management companies, and custodians, and sets operational requirements for industry companies. The bill allows crypto assets to be used for foreign trade activities, while payments for goods and services within Russia remain prohibited. The main provisions are expected to take effect on September 1, 2026, with a transition period until July 1, 2027, and the bill still needs to be signed by President Vladimir Putin to become law.