According to RBC, Vladimir Chistyukhin, First Deputy Governor of the Central Bank of Russia, 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. From 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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