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Russia's Final Crypto Law to Retain Non-Custodial Wallet Ban, Except for Foreign Trade

GateNews

Regulation & Policy

2026-05-22 01:37:55

According to Deputy Finance Minister Ivan Chebeskov, Russia's final version of its crypto market regulation law will retain restrictions on transfers from managed wallets to foreign non-custodial wallets, with exceptions for foreign trade participants such as importers. The final law is set to be ready next week, with hopes to pass before the end of the spring session of the State Duma. Under the law, effective July 1, Russians and companies can only purchase digital assets through licensed intermediaries.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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