According to Kommersant, Russia's Digital Currency and Digital Rights Law took effect on September 1 but full domestic crypto trading remains suspended pending Central Bank regulatory guidance expected in early December. The law currently addresses only cross-border foreign exchange transfers. Sberbank plans to complete digital custody infrastructure by December 1, while Finam expects to launch services in early 2027. Central Bank Governor Elvira Nabiullina confirmed that transferring crypto assets abroad faces no restrictions, though overseas operations lack Russian legal protections.
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