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Russia's Cryptocurrency Regulation Bill May Take Effect on September 1

AirdropBlackHole

2026-07-04 11:51:41

On July 4, RBC reported that Vladimir Chistyukhin, the First Deputy Governor of the Central Bank of Russia, stated that the regulation bill for the Russian cryptocurrency market may come into effect on September 1, 2026, with a transition period set until July 1, 2027. During this transition period, market participants will be able to 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 cryptocurrency market.

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