The Financial Markets Committee has finalized the text of the draft law âOn Digital Currency and Digital Rightsâ for the second reading. The main intrigue of the updated version lies not in tightening regulations, but in an unexpected freedom for foreign economic transactions.
⢠For participants in foreign tradeâsettlements can be conducted without a regulated intermediary, via both Russian and foreign infrastructure, using any wallets and coins, including stablecoins
⢠Transactions involving the buying and selling of securities and Russian digital rights in cryptocurrency are permitted
⢠A requirement for âfriendlinessâ of their jurisdiction will be introduced for trading on foreign exchanges
The second and third readings are scheduled for July 21, and the law is set to take effect on September 1, 2026
For retail investors, however, the rules remain strict: licensed intermediaries, limits, and testing.