Russia: Federal Law on digital financial assets and digital currency (FZ-259)
Progress
Scope
Timeline of events
Entry into force of law on digital financial assets and digital currency
On 1 January 2021, the Law on digital financial assets and digital currency enters into force. The President of the Russian Federation signed into law the Act on 31 July 2020, and it will regulate the circulation of digital financial assets and digi…
SourceFederal law on digital financial assets and digital currency signed into law
On 31 July 2020, the President of the Russian Federation signed into law the Law on digital financial assets, digital currency. The Act regulates the circulation of digital financial assets and digital currency in Russia. Under the Act, any entity i…
SourceBill on digital financial assets and digital currency introduced in the State Duma
On 20 March 2022, the Bill on digital financial assets and digital currency was introduced in the State Duma. The bill aims to regulate the circulation of digital financial assets and digital currencies in Russia and introduces a registration requir…
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