Russian Lawmakers Prepare To Fully Embrace Everyday Crypto Use

Russia is moving toward everyday cryptocurrency adoption, with a new bill in preparation that would remove the use of crypto assets from the country’s system of “special financial regulation.”

According to a January 13 report by state news agency TASS, State Duma Financial Market Committee chair Anatoly Aksakov has confirmed the preparation of the bill.

Speaking on Rossiya-24, Aksakov said the legislation aims to make crypto usage a normal, everyday occurrence for Russian citizens. As he explained:

“A bill has already been prepared that removes cryptocurrencies from special financial regulation. That means they will become a common part of our lives.”

The legislation will be a major focus of the State Duma’s spring session, alongside broader development of digital financial assets (DFAs) and blockchain infrastructure.

What The New Crypto Bill Would Change

Under the proposed framework, crypto assets will no longer fall under special financial restrictions, crypto will be treated as a regular financial instrument, retail participation will be formally legalized, and the market will be opened further to institutional players.

Non-qualified investors will be allowed to buy crypto, but with a purchase cap of 300,000 rubles (around $3,826). Professional financial institutions, however, will be able to operate on the crypto market without restrictions.

State Duma Financial Market Committee chair Anatoly Aksakov. — *State Duma Financial Market Committee chair Anatoly Aksakov*. *Source: TASS*

Crypto For International Payments

Aksakov also confirmed that lawmakers want to expand crypto’s role in cross-border settlements. Russia has already been experimenting with crypto for international trade as sanctions continue to restrict access to traditional banking rails.

The new legislation would further enable crypto-based international payments, the issuance of digital assets inside Russia, and the placement of those assets on foreign financial markets. This positions crypto as a strategic financial tool for Russia’s global trade ambitions.

Moscow Red Square. — *The bill would allow Russians to use crypto in everyday life. Source: Random Institute/Unsplash*

Why This Matters

If passed, the bill would mark one of Russia’s biggest crypto policy shifts to date, as it would include crypto moving from a restricted niche to a mainstream financial tool, retail investors gaining clear legal access, institutions gaining full market participation, and crypto becoming embedded into Russia’s payments and capital markets.

Instead of treating crypto as an experimental asset class, lawmakers are preparing to integrate it directly into the country’s financial system.

Bottom Line

All things considered, Russia has prepared a bill that would remove crypto assets from special financial regulation and make their use common in everyday life. With formal retail access, institutional participation, and international settlement support, Russia is positioning crypto as a permanent pillar of its financial future.