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Russia Restricts Non-Professional Investors From Buying Foreign Stablecoins on July 17

Regulation & Policy

2026-07-17 01:25:49

According to Bits.media, Russia's final crypto regulation law added restrictions on July 17, prohibiting non-professional investors from purchasing foreign stablecoins, a group covering most of the country's residents. The law introduces the concepts of "foreign digital instruments" and "foreign digital instruments without settlement," with collateral-backed stablecoins classified under the latter. Qualified investors may purchase foreign digital instruments, while non-qualified investors can only buy specific assets from a central bank-designated list. The central bank's framework requires all transactions to be conducted under state control through exchanges or licensed exchange points.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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