According to RBC, First Deputy Chairman of the Central Bank of Russia Vladimir Chistyukhin stated that the Russian cryptocurrency market regulation bill may take effect on September 1, 2026, with a transition period set until July 1, 2027. During the transition period, market participants can prepare registration documents, apply for new licenses, and adjust internal processes. Starting July 1, 2027, relevant criminal and administrative liability mechanisms are expected to come into effect to distinguish between legal and illegal operations in the crypto market.

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GlassBottleFeather
· 12h ago
Let's wait until it's actually implemented before we look at it; for now, it's just pie in the sky.
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GateUser-e1cfc287
· 12h ago
This transition period is quite cleverly designed, giving the market a buffer and leaving room for regulation.
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Low-PolyFloatingEarth
· 12h ago
Finally, it's no longer completely banned, but the registration threshold is probably not low.
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WalletEarlyAccessAlarm
· 12h ago
If the licensing system is implemented, compliance costs will rise again.
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PixelatedDriedFish
· 12h ago
Is this news from RBC reliable? I feel like after the Russia-Ukraine situation, their policies change every day.
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BudgetDeFi
· 12h ago
It won’t take effect until September 2026. That timeline is pretty lenient—sure enough, the Russians aren’t in a rush.
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