NSP Law Firm is set to conduct an online briefing on August 7 to discuss significant changes in cryptocurrency regulations in Russia, which will be implemented starting September 1, following the passage of the "On Digital Currency and Digital Rights" bill. This event is aimed at professionals in the crypto sector and those initiating crypto projects.
“The Russian cryptocurrency market is on the brink of a reboot. A sector that has long operated with minimal regulation will now transition into a system governed by licenses, registries, controlled intermediaries, and mandatory operational rules,” stated representatives from NSP.
The session will focus on crucial aspects such as licensing requirements, the potential benefits of developing internal crypto initiatives, and models that may pose financial risks. Key topics include:
- the new market infrastructure — outlining the intermediary roles between investors and cryptocurrency wallets;
- adaptation strategies for existing players — guidance for exchanges, banks, brokers, asset managers, and fintech firms;
- exceptions to regulations — exploring the use of cryptocurrency beyond Russian infrastructure, especially in foreign trade;
- international options for crypto projects — identifying opportunities in regions like the UAE and Belarus's High-Tech Park.
Speakers will feature NSP partner Alexander Nektorov, senior lawyer Bulat Khalilov, and attorney Kamila Samaeva, who will engage with participants from various sectors including crypto platforms, banks, and institutional investors.
