Russia Delays Crypto AML Bill Amid US Regulatory Clarity Push

Russia has pushed back its long-awaited anti-money laundering (AML) crypto legislation to September 1, 2026. The law will impose comprehensive monitoring of all crypto transactions in Russia, requiring detailed information for transactions over 60,000 RUB (~$760), and enhanced reporting for cross-border deals exceeding 1 million RUB (~$12,700).

Banks are also impacted, with the Central Bank limiting digital asset exposure to 1% of banking groups' capital. The delay implies that Russian authorities are still working out details.

In contrast, the US is making progress on the CLARITY Act, a bill aimed at providing regulatory clarity for the crypto market. With bipartisan momentum growing and a new version expected soon, Senator Cynthia Lummis warns that failure to pass the bill before 2030 will expose developers to legal risks and allow bad actors to flourish.