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Putin Signs Russia's First Crypto Law: Trading Is Legal, Payments Stay Banned

Decrypt·August 6, 2026·1 min read
Putin Signs Russia's First Crypto Law: Trading Is Legal, Payments Stay Banned

Russian President Putin signed Russia's first crypto law, legalizing trading under a licensed, central bank-supervised market. However, crypto remains barred from everyday payments. The law establishes a regulatory framework for digital asset trading while maintaining restrictions on their use as a medium of exchange.

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