$MAX
Heating UpSnapshot Window: 2026-08-05 01:20 UTC ยท โ Back to Crypto Overview
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Devoted and in his own lane. Insane commitment if you think about it, and on chain forever
Putin signed Russia's crypto law today Main provisions kick in September 1. Four years of fighting between the Finance Ministry (wanted crypto legal) and the Central Bank (wanted it banned) ended with a compromise that looks like legalisation but functions more like bringing crypto inside the state's fence. So crypto is now legally recognised as property under the Russian civil code. That means judicial protection in courts, bankruptcy cases, and divorce proceedings. The interesting part is that the holders who never declared their crypto still get protection. Five categories of licensed participants from September 1: exchanges, brokers, management companies, depositories, and exchangers. Minimum capital 15 million rubles (~$190k), must join a self-regulatory body. All operations must go through licensed intermediaries from July 1, 2027.