Anatoly Aksakov, Chairman of the Financial Market Committee of the State Duma, announced that a new draft law is ready. The legislation would remove cryptocurrencies from “special financial regulation.”
Aksakov told Rossiya-24 that the legislation would focus on the development of digital financial assets and crypto. In-depth discussions are planned during the spring parliamentary session.
Integrating crypto into daily life
Currently, cryptocurrencies in Russia are subject to strict regulations that limit how they can be used. By removing them from special financial oversight, the government hopes to integrate crypto into everyday payments, retail transactions and even business operations. This change could encourage merchants, banks and payment providers to adopt digital assets more widely. This will potentially streamline payments and reduce friction in cross-border transactions.
These initiatives allow citizens to pay for utilities, transportation and local taxes using digital currencies like Bitcoin and USDT. Experiences like these show how regulatory clarity can accelerate adoption. This will give consumers and businesses the confidence to use crypto beyond investment purposes.
According to TASS, Chairman of the Financial Market Committee of the Russian State Duma, Anatoly Aksakov, said that a bill was ready that would remove cryptocurrencies from “special financial regulation,” aimed at making their use more common in everyday life. Speaking to Rossiya-24, Aksakov said that soon…
-Wu Blockchain (@WuBlockchain) January 14, 2026
The proposed legislation reflects a global trend of governments rethinking crypto rules to balance innovation and security. According to a 2025 Chainalysis report, countries that provide clearer legal frameworks for digital assets experience higher on-chain activity and greater integration of crypto into financial services. For Russia, easing regulations could attract fintech startups and improve blockchain innovation. This will encourage citizens to participate in the digital economy without fear of regulatory sanctions.
Learn more about crypto regulation
Senate Banking Committee Chairman Senator Tim Scott has released the long-awaited bipartisan text of the Crypto Market Structure bill. This is after months of negotiations. The legislation significantly changes how U.S. authorities regulate digital assets. Furthermore, the passive yield of stablecoins is effectively limited, while ancillary custody and staking services are formally recognized. This will allow registered intermediaries to facilitate staking for clients according to clear rules. Client assets must remain segregated, although pooling in omnibus accounts is permitted for convenience. Thus, the bill maintains strict AML and KYC requirements for exchanges and brokers, ensuring continued monitoring of illicit financing.
🇺🇸UPDATE 1: Senate Banking Committee Chairman @SenatorTimScott released the bipartisan text of the crypto market structure bill after months of negotiations.
🎯LOSS – Passive Yield for Stablecoin = GONE
The law defines “guarding and auxiliary staking services” as a recognized service… pic.twitter.com/DN1yKo8CPA-PaulBarron (@paulbarron) January 13, 2026
Additionally, key benefits of self-custody include explicit protections allowing individuals to maintain hardware or software wallets. This will enable peer-to-peer transactions and prevent wallet developers from being classified as money transmitters. Next, DeFi protocols also benefit from legal clarity. The bill specifically excludes regulators from treating decentralized platforms and developers like centralized exchanges or brokers. This will create a safe haven for users and innovators while prohibiting illegal activities. According to current estimates, the probability that the bill will be adopted in early 2026 is 60-70%.
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