Russian parliament passes law regulating crypto market
Cointelegraph 2026-07-21 11:49:30
Context: The Russian parliament, also known as the State Duma, has passed legislation aimed at regulating the country's crypto market, creating a framework for participants in the industry. The move marks a significant development in Russia's approach to cryptocurrency, and the law is now set to be sent to President Vladimir Putin for his signature. If signed, the law will establish a regulated environment for crypto market participants.
Key Facts
- The State Duma legislation establishes a regulated framework for crypto market participants, providing a clear structure for the industry to operate within.
- The law now moves to President Vladimir Putin for his signature, a necessary step before it becomes official law in Russia.
- The passage of this legislation represents a significant shift in Russia's approach to cryptocurrency, as the country seeks to balance regulation with the growing interest in digital assets.