Russia Plans Two-Tier Crypto Regime With 300,000-Ruble Cap for Retail Investors by Mid-2026

By July 1, 2026, Russia’s State Duma aims to introduce a two-tier system for digital currency access that limits non-qualified investors to 300,000 rubles ($4,000) in annual purchases while allowing qualified investors unrestricted volumes. The framework will treat cryptocurrencies and stablecoins as tradable assets but keep them banned for domestic payments, tighten controls on intermediaries starting July 1, 2027, and exclude privacy coins, as major Russian exchanges prepare infrastructure for regulated trading.