Russia to Include USDC in Its Regulated Crypto Market, Full Regulatory Legislation to Be Completed by July

TechFlow News, June 17: According to Cryptopolitan, Ivan Chebeskov, Deputy Minister of Finance of Russia, stated during the St. Petersburg International Economic Forum (SPIEF 2026) that USDC will be added to Russia’s regulated cryptocurrency list alongside BTC, ETH, and USDT—cryptocurrencies previously approved. He also revealed that small stablecoins pegged to currencies of “friendly jurisdictions,” such as the Russian ruble or the UAE dirham, may also be permitted to enter the market. The draft “Law on Digital Currency and Digital Rights” must complete its legislative process by July 1. Upon enactment, non-accredited investors will, for the first time, gain legal access to cryptocurrency investments, subject to an annual investment cap of 300,000 rubles (approximately $4,000).