Russia Gives Crypto Firms Until July 2027 to Obtain Licences Under New Market Rules - Finance Magnates
Russia's State Duma adopted legislation creating a regulated crypto market. Exchanges and custodians must obtain licences by 1 July 2027, with most provisions effective 1 September 2026. Retail investors face a RUB 300,000 annual limit per intermediary, while domestic crypto payments remain banned.
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