Russia to Enact Crypto Rules in July, Opening Market to Retail Traders

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Russia is preparing to introduce a comprehensive regulatory framework for cryptocurrencies this July, which will open participation in the local crypto market to retail investors. The announcement was made by Anatoly Aksakov, head of the State Duma Committee on the Financial Market, in an interview with the Parliamentary Gazette.

Aksakov stated that the final set of rules will be prepared for a parliamentary vote by the end of June. Following approval, the full regulatory framework is scheduled to come into force one year later, with trading expected to be permitted for all investors starting July 1, 2027.

According to earlier reports from the state news agency TASS, access for non-qualified retail traders will be limited under the new rules. They will be allowed to purchase only the “most liquid” cryptocurrencies, with an annual cap set at 300,000 rubles (approximately $3,900).

Professional traders, however, will be permitted to buy all types of cryptocurrencies without limits, with the exception of privacy-focused tokens like Monero and Zcash, which are designed to keep transaction details anonymous.