Russia Enacts Federal Law 282-FZ to Regulate Digital Assets

Russia has introduced Federal Law 282-FZ, which classifies digital currency as property and establishes a regulatory framework for its circulation. The law mandates that cryptocurrency purchases be conducted through registered intermediaries such as brokers or exchanges, while maintaining a domestic ban on using crypto for goods and services. A transition period is in effect until July 1, 2027, with major provisions taking effect on September 1, 2026.