Russia’s Crypto Law Takes Effect: BTC, ETH and USDT Get Green Light

Russia’s new cryptocurrency law takes effect on September 1, 2026, bringing Bitcoin, Ethereum, and USDT into a regulated market under the Bank of Russia’s supervision. Retail investors can now access the three approved assets through licensed platforms. 

But strict purchase limits remain, and crypto payments inside Russia are still banned.

Key Provisions of the Russia Crypto Law

The law, signed by President Vladimir Putin on August 4, 2026, creates a regulated framework for crypto exchanges, brokers, custodians and other market operators.

These businesses will operate under the supervision of the Bank of Russia, with existing market participants given until July 1, 2027, to meet the new licensing requirements.

The law also gives cryptocurrencies legal status as property, allowing owners to seek legal protection over their digital assets.

It also allows exporters and importers to use crypto for international trade payments, giving Russian businesses another way to settle deals amid banking restrictions and sanctions.

Only BTC, ETH and USDT Make the List

The biggest change for retail investors is the limited choice of assets.

Non-qualified investors can legally buy Bitcoin (BTC), Ethereum (ETH) and Tether (USDT) through licensed domestic intermediaries. XRP, Solana (SOL), Cardano (ADA) and other cryptocurrencies are not included in the current list.