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Russia May Levy Fees on Unfriendly Crypto Transactions to Protect Investors

GateNews
Regulation & PolicyGeopolitics
BNB1.37%
According to Deputy Finance Minister Ivan Chebeskov, Russia may introduce fees, advisory mechanisms, and technical protections for transactions involving unfriendly crypto assets during preparations for the second reading of its crypto market regulation law. The proposed measures aim to protect Russian investors from high-risk assets including USDT and BNB. The central bank previously proposed in December 2025 classifying digital currencies and stablecoins as foreign exchange assets, permitting trading but prohibiting their use for domestic payments. Unqualified investors may purchase the most liquid cryptocurrencies after passing specific tests, with an annual purchase limit of 300,000 rubles through a single intermediary.
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