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

Jun 5, 2026

< 1 min read

by Ikemefula Aruogu

for CoinEdition

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

AI Overview

Russia will limit citizens to holding Bitcoin (BTC), Ethereum (ETH) and Tether (USDT) under the new 'On Digital Currency and Digital Rights' law which is slated to take effect on July 1, 2026. Regulators say they will not expand the approved crypto list or raise investment limits now, though additional ruble-based stablecoins may be added later, a move that tightens crypto regulation and could constrain DeFi activity and broader crypto adoption in Russia.

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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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