According to RBC, Vladimir Chistyukhin, the First Deputy Governor of the Russian Central Bank, stated that Russia's crypto market regulation bill might take effect on September 1, 2026, with a transition period set until July 1, 2027. During the transition period, market participants can prepare registration documents, apply for new licenses, and adjust internal processes. Starting from July 1, 2027, criminal and administrative liability mechanisms are expected to come into effect to distinguish between legal and illegal operations in the crypto market. https://(wublock123.com)/news/russia-crypto-regulation-bill-effective-sept-1-64008