Russia Considers Treating Crypto as Everyday Asset

Russian lawmakers have drafted legislation that would remove cryptocurrencies from special financial regulation, opening the door for broader everyday use of digital assets across the country.

The proposal was outlined by Anatoly Aksakov, chairman of the State Duma Committee on Financial Markets, in comments reported by state media outlet TASS.

Good to Know

• Russia has drafted a bill to exempt cryptocurrencies from special regulation
• Lawmakers want to normalize digital asset use among citizens
• The plan contrasts with caution from the Central Bank of Russia

What the Bill Would Do

According to Aksakov, the draft legislation would treat cryptocurrencies as standard financial instruments rather than subjecting them to separate regulatory rules.

He said:

“A bill has already been drafted that will exempt cryptocurrencies from special financial regulation, meaning they will become a common feature in our lives.”

The change aims to make digital assets more accessible and easier to use in daily transactions rather than limiting them to narrow or experimental use cases.

Focus on Crypto During Spring Session

Aksakov said lawmakers plan to give digital assets sustained attention during the upcoming spring session of the State Duma.

He said discussions around cryptocurrencies and other digital financial assets will rank among legislative priorities, alongside broader policy conversations tied to crypto usage inside Russia.

Tension With Central Bank Policy

The proposal reflects an ongoing gap between lawmakers and the Central Bank of Russia. The central bank has previously warned against allowing broad access to cryptocurrencies, particularly for unqualified investors.

Despite that caution, Russia has gradually adjusted its digital asset framework over recent years, allowing limited crypto activity while keeping controls in place.

The new bill suggests lawmakers want to push further toward everyday adoption.