The Russian State Duma Financial Market Committee has prepared amendments for the second reading of the crypto regulatory bill. It plans that, starting September 1, 2026, qualified investors will be allowed to purchase foreign stablecoins such as USDT and USDC, along with other digital instruments, through Russian regulated infrastructure. The Bank of Russia will classify such stablecoins as “foreign digital rights” rather than cryptocurrencies. Non-qualified investors may only trade the relevant assets that the central bank has included in a publicly available circulated list, and the above restrictions do not apply when using them for foreign trade settlement. (Interfax)

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DefiAlchemist
· 5h ago
Russia is making a move that’s steady—first bring stablecoins under regulation, and then talk.
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MultiTimeframeWalker
· 5h ago
By categorizing stablecoins as “foreign digital rights” rather than cryptocurrencies, the legal classification becomes clear in one move—avoiding conflicts with the current crypto law while allowing regulators to govern them under existing financial regulatory frameworks. It’s quite clever.
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CandleMeteor
· 5h ago
Non-qualified investors can only buy assets from a whitelist, and the setup is a bit like tiered sales—pretty cautious.
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