π³ Can't Buy Me Love! Everybody Tells Me So π°
Russia's Legislative Framework for Digital Currencies and Digital Rights On August 4, 2026 , President Vladimir Putin signed Federal Law No. 282-FZ On Digital Currencies and Digital Rights alongside its satellite legislation, Federal Law No. 283-FZ . This legislative package represents a fundamental overhaul of Russia's digital asset regulations. Rather than imposing a total ban , the statutory framework formally recognizes digital currencies and digital rights as legal property while establishing a strictly supervised, centralized infrastructure governed by the Bank of Russia and the Federal Tax Service (FTS) . ■ Legal Status as Property : Digital currencies are officially codified as property under civil and criminal law. They are recognized as investment assets but are strictly barred from being used as legal tender or payment for domestic transactions. ■ Domestic Payment Prohibition & Cross-Border Exception : Using digital ...