According to Kommersant, Russia's "Digital Currency and Digital Rights Law" officially came into effect on September 1. However, due to the supporting regulatory rules not being finalized yet, domestic cryptocurrency trading is still unable to fully launch. The Russian Ministry of Finance and the Central Bank previously estimated that around 80 supporting documents for the crypto market would need to be drafted, with all necessary documents expected to be ready by early December. At this stage, the new law primarily allows cross-border crypto settlements for businesses, while banks, brokers, and digital asset custodians are preparing the infrastructure for domestic trading. https://(wublock123.com)/news/news-67729