Russia Delays Crypto Regulation – What’s the Impact on the Market?
🔷 Russia has confirmed that the crypto circulation regulation bill will not come into effect on July 1 as planned.
Although the bill is ready to enter the second reading at the State Duma, the approval time will be pushed back by a few weeks.
🔷 The delay means that the legal framework for crypto trading in Russia remains unfinished, potentially causing the rollout of the proposed monitoring and legal trading mechanism in Q3–Q4/2026 to also be postponed.
🔷 From a market perspective, this isn't directly negative news for Bitcoin or other digital assets, but it could slow down the participation of domestic financial institutions that are still waiting for clear legal guidance.
🔶 In the long term, Russia is still pursuing the goal of establishing a legal corridor for digital assets.
Therefore, the market will continue to monitor the Duma sessions in the coming weeks to assess the pace of rollout and its impact on the adoption of crypto in this major economy.$HYPE $BTC $ETH
🔷 Russia has confirmed that the crypto circulation regulation bill will not come into effect on July 1 as planned.
Although the bill is ready to enter the second reading at the State Duma, the approval time will be pushed back by a few weeks.
🔷 The delay means that the legal framework for crypto trading in Russia remains unfinished, potentially causing the rollout of the proposed monitoring and legal trading mechanism in Q3–Q4/2026 to also be postponed.
🔷 From a market perspective, this isn't directly negative news for Bitcoin or other digital assets, but it could slow down the participation of domestic financial institutions that are still waiting for clear legal guidance.
🔶 In the long term, Russia is still pursuing the goal of establishing a legal corridor for digital assets.
Therefore, the market will continue to monitor the Duma sessions in the coming weeks to assess the pace of rollout and its impact on the adoption of crypto in this major economy.$HYPE $BTC $ETH