Russia’s New Law Will Restrict Citizens to Only Bitcoin, Ethereum, and USDT Purchases

• Russia’s upcoming legislation will restrict cryptocurrency users to BTC, ETH, and USDT.
• The new law is set to become functional by July 1, 2026, following parliamentary adoption.
• Regulators will add more ruble-based stablecoins to the approved list in the future.

The Russian government has made known its intention to limit the cryptocurrencies available to its citizens to Bitcoin (BTC), Ethereum (ETH), and Tether (USDT). Russia’s Central Bank Deputy Governor, Vladimir Chistyukhin, confirmed this while speaking on RBC radio.

Russia’s New Crypto Rule is Almost in Place

According to Chistyukhin, the financial authority does not plan to expand its list of approved cryptos or increase the applicable investment limits, as is contained in the upcoming law “On Digital Currency and Digital Rights.”

Notably, the legislation, which passed its first parliamenta…

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