finance
Russia's State Duma Passes Bill in First Reading Allowing Crypto for Foreign Trade
Russia's lower house of parliament has approved a bill in its first reading that permits the use of cryptocurrency for foreign trade payments. The legislation also recognizes cryptocurrency as property under Russian law and assigns the Central Bank as the regulator. The development was reported by CoinDesk on April 22, 2026.
Apr 22, 6:51 AM·1m read3 sources
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Russia's State Duma passed a bill in its first reading, allowing the use of cryptocurrency for foreign trade payments, CoinDesk reported. The bill recognizes cryptocurrency as property under Russian law, marking a formal step in integrating digital assets into the country's economic framework.
Under the legislation, the Central Bank is designated as the regulator for cryptocurrency activities related to these payments.
The passage occurred amid ongoing discussions on digital currencies in Russia, with the bill advancing through the initial parliamentary stage on the current date of April 22, 2026.
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