Vladimir Chistyukhin: Russian Crypto Regulatory Act Expected to Take Effect on September 1, 2026

According to RBC, Vladimir Chistyukhin, the First Vice Chairman of the Russian Central Bank, stated that the Russian Crypto Market Regulation Act is expected to come into effect on September 1, 2026, with a transition period until July 1, 2027, during which market participants can prepare registration documents, apply for new licenses, and adjust internal processes. From July 1, 2027, relevant criminal and administrative liability mechanisms are expected to come into effect.