Russia: Federal Law on requirements for digital currency miners including authorisation of goods or services enters into force (Law No. 259-FZ)

Description

Federal Law on requirements for digital currency miners including authorisation of goods or services enters into force (Law No. 259-FZ)

On 1 November 2024, amendments to Federal Law No. 259-FZ on requirements for digital currency miners including authorisation of goods or services enters into force. The amendments establish a regulatory framework for the authorisation of goods or se…

Scope

Policy Area
Authorisation, registration and licensing
Policy Instrument
Authorisation of goods or services
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
executive
Government Body
central government

Complete timeline of this policy change

Hide details
2024-10-23
adopted

On 23 October 2024, the Federation Council adopted amendments to Federal Law No. 259-FZ on requirem…

2024-11-01
in force

On 1 November 2024, amendments to Federal Law No. 259-FZ on requirements for digital currency miner…