According to an announcement dated June 8 2020 the first Russian cryptocurrency law will be implemented from next year. The move aims to limit emotional cryptocurrency purchases by unqualified Russian investors a CBR official said. Countries Where Bitcoin Is Legal Have A Look Cryptocurrency Trading Bitcoin Bitcoin Cryptocurrency In July 2020 Vladimir Putin signed a regulation on digital financial asset DFA transactions that legalizes cryptocurrency transactions but prohibits their use as payments for goods and services. Is cryptocurrency legal in russia . Notably startups can issue blockchain-based digital securities if they have received the. Russia Introduces Cryptocurrency Law On July 31 2020 the Russian President signed into law a federal statute introducing digital assets within the legal framework for the first time. The new law gives legal status to cryptocurrency. Russia adopted a crowdfunding law recently but there is still no law giving legal status to cryptocurr...