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Russia is taking another step to open the cryptocurrency market to retail participants, as lawmakers are preparing laws that will allow funds not eligible for the border to access digital assets.
Important points:
- Russia is preparing legislation to allow investors who do not have access to cryptocurrencies, to buy a currency worth 300,000 rubles.
- The bill would exempt cryptocurrencies from privacy regulations, signaling a trend toward making digital assets a part of everyday finances.
- The authorities want to expand the use of cryptocurrencies in border settlements while maintaining strict financial limits.
And according to A report published by the state news agency TASS on Tuesday Anatoly Aksakov, Chairman of the Financial Markets Committee of the State Duma, said that the draft law has been finalized and is expected to be considered during the spring.
The proposal will remove cryptocurrencies from the special regulatory system, making it a traditional financial instrument.
A Russian lawmaker says cryptocurrencies can be used on a daily basis under the new law
“A bill has already been prepared that removes cryptocurrencies from the laws of private finance, which means that they can become common in our life,” Aksakov said in an interview with the Rossiya 24 TV channel, quoted by TASS.
Under the proposed policy, opportunities for unqualified investors will remain limited.
People who do not meet the investor requirements in Russia will be allowed to buy cryptocurrencies worth up to 300,000 rubles, or about $3,800.
Market participants may not follow the same restrictions, Aksakov said.
Apart from domestic transactions, the law is also expected to facilitate the use of cryptocurrencies in cross-border transactions.
Aksakov said that the change could contribute to international stability and help tokens issued by Russian institutions to be issued abroad, an area of increasing interest as the country seeks alternatives to traditional currencies.
These comments follow previous signals from Russian authorities to indicate a limited, but carefully monitored, approach to the use of cryptocurrencies in retail transactions.
In December, the Bank of Russia planned to allow unqualified investors to sell digital assets after passing a risk awareness test, and lifted the ban on private equity.
At the same time, the Minister of Finance Anton Siluanov said that the Ministry of Finance and the Central Bank are working on a joint plan that will allow public participation within specific limits.
Officials have repeatedly emphasized that establishing purchase and investment caps will be critical to containing financial and systemic risks as the adoption of cryptocurrencies expands.
Questions about cryptocurrencies flood the Russian Social Fund
The Russian Social Fund says it received about 37 million calls in 2025, with questions about cryptocurrencies emerging as one of the most popular topics along with questions about benefits.
Many citizens asked if it is possible to pay pensions with digital assets and if the income from mining cryptocurrencies will be counted among the profit calculations, encouraging officials to emphasize that all government payments are made only in rubles and that taxes on cryptocurrencies fall under the jurisdiction of the Federal Tax Service.
This interest comes from the political and economic importance of digital currency mining. Senior officials said mining should be recognized as an exportable activity, given its impact on foreign exchange despite the lack of border movement.
At the end of last month, the Moscow Stock Exchange and the Saint Petersburg Stock Exchange confirmed that they are ready to start trading cryptocurrency once the Russian legal framework comes into force on July 1, 2026, following the Bank of Russia’s release of policy rules on December 23.
A note Russia is preparing a bill that would allow unqualified investors to enter the cryptocurrency market appeared for the first time Cryptonews Arabic.
