Russia passes Bitcoin and shitcoins bill in first reading; permits use in foreign trade settlements
9 Articles
9 Articles
Crypto Regulations: Russia Backs Crypto Use for Foreign Trade Settlements
Key insights: Crypto regulations: Russia’s State Duma passed a bill in first reading to regulate crypto circulation and market participants. The bill allows crypto in foreign trade settlements but bans its use for domestic goods and services payments. The Bank of Russia would license participants, with investor access rules and limits for non-qualified buyers. Russia has moved a new crypto regulation bill one step forward after the State Duma a…
Russia Advances Crypto Bill; Signals Shift Toward Criminal Penalties
Russia’s lower house advanced a core digital-currency framework in a first reading on Tuesday, signaling a shift toward a regulated, state-supervised market for crypto activity. The draft law 1194918-8, titled “On Digital Currency and Digital Rights,” would begin to channel crypto trading through licensed intermediaries operating under the Bank of Russia’s oversight, with unlicensed platforms to face a ban in 2027 if enacted. According to offici…
The Russian State Duma has approved a new bill that bans the use of cryptocurrencies as a means of payment in the domestic market but allows them in foreign trade. Russia aims to regulate the cryptocurrency market and provide flexibility in international trade… Russia Makes Cryptocurrency a Foreign Trade Weapon: First Approval…
Russia’s Sberbank Ready To Enter Crypto Trading As Russia Moves Toward Regulation
Sberbank will provide access to crypto trading once regulation and organized exchange trading begin, Senior Vice President and Head of Wealth Management Ruslan Vesterovsky said at the Moscow Exchange forum, according to Russia’s TASS. The Bank of Russia maintains a view of cryptocurrencies as a high-risk instrument under its policy framework. In December 2025, the Bank of Russia published a concept for domestic cryptocurrency regulation that all…
Russia Progresses Comprehensive Crypto Bill With Focus On Trade And Oversight
NoSmokeSport - Sports News & Latest Trending World News NoSmokeSport - Sports News & Latest Trending World News - Better Sport News Russian legislators are advancing a comprehensive legislative package designed to integrate digital assets into the nation’s financial infrastructure. While presented as a move toward modernization, the details of the bill reveal a shift toward using cryptocurrency as a tool for settling international trades and pot…
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