Russia’s State Duma has moved crypto regulation toward its final legislative stage, advancing a bill that would establish formal rules for mining, exchanges, and cross-border settlement activity.
The bill, listed as No. 636524-8, is aimed at creating a statutory framework for parts of the digital asset sector that have already become active inside and around Russia’s economy. The measures include mandatory registries for industrial miners, licensing requirements for crypto exchanges, and legal treatment for certain cross-border settlement uses.
That makes the legislation important even for markets outside Russia.
Crypto regulation is increasingly becoming a matter of national payment strategy, energy policy, sanctions exposure, and institutional oversight. Russia’s approach reflects that wider trend: governments are no longer asking whether crypto exists. They are deciding how to control it.
TL;DR
Russia’s State Duma has advanced crypto legislation toward final re
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