Crypto Law Profile

Federal Law No. 258-FZ: Experimental Legal Regimes in Russia

Russia’s framework for time-limited experimental legal regimes in digital and technological innovation. It covers the financial market and supports Bank of Russia-supervised digital-currency pilots under separate enabling laws.

Russia Effective Act Jan 28, 2021

At a glance

Current status In force since Jan. 28, 2021; operative text amended through July 31, 2025.
Regime design Creates time-limited special regulatory programs for named participants and defined activities.
Financial-market authority The Bank of Russia establishes and administers financial-market experimental regimes.
Crypto relevance Separate 2024 legislation enabled digital-currency settlement and organized-trading pilots.

Overview

Federal Law No. 258-FZ is Russia’s cross-sector framework for experimental legal regimes in digital and technological innovation. Signed on July 31, 2020, it has been in force since January 28, 2021. As of June 22, 2026, the operative consolidated text incorporates amendments through July 31, 2025. Its current title refers to digital and technological innovations following a 2024 expansion of the original title. The law creates temporary special regulation; it does not itself provide a general authorization to issue, trade, or use cryptoassets.

What Federal Law No. 258-FZ does

The law defines an experimental legal regime as special regulation applied to designated participants for a specified period and, ordinarily, within a specified territory. The rules may differ from generally applicable regulation, but departures must be bounded and described in the regime’s program. Where a program would disapply or alter a federal statute, another federal law must expressly permit that result.

The framework covers medicine, transport, agriculture, the financial market, remote commerce, construction, public services and oversight, industry, and high-technology production. Its objectives include testing new forms of economic activity, improving services, supporting competition, evaluating regulatory change, and creating conditions for innovation.

How an experimental legal regime is established

An initiative may be advanced by an eligible public authority, Russian legal entity, or individual entrepreneur. A private-sector initiator must satisfy statutory conditions and submit a proposal with a draft program. The authorized body checks the filing and circulates a qualifying proposal for views from the relevant regulator, business-community organization, affected regional authorities, and other agencies whose powers are engaged.

The Russian Government ordinarily establishes a regime and approves its program. For the financial-market track, that authority belongs to the Bank of Russia. A program must identify its duration, participants, territorial reach where applicable, departures from general rules, risk controls, supervision, performance measures, and disclosures. Financial-market programs must also address money-laundering and terrorist-financing risks, protected information, information security, and the interests of investors, creditors, depositors, policyholders, and other protected persons. Transaction, asset, counterparty, and participant limits may be imposed.

Crypto and digital-currency relevance

Federal Law No. 258-FZ became directly relevant to crypto through Federal Law No. 223-FZ of August 8, 2024, effective September 1, 2024. That law enabled Bank of Russia-supervised experimental regimes for digital-currency operations in foreign-trade activity and for organized trading in digital currency. A program can prescribe how digital currency may be used in covered cross-border contracts, define the roles of residents, non-residents, and currency-control bodies, and set rules for admission to organized trading.

This structure is narrower than a market-wide crypto license. Permissions and restrictions depend on the enabling statutes, the Bank of Russia act establishing a regime, and its approved program. Federal Law No. 258-FZ should therefore be read alongside Russia’s separate laws on digital financial assets, digital currency, currency control, organized trading, and the national payment system.

Safeguards, duration, and accountability

The statute emphasizes constitutional rights, safety, transparency, equal treatment of applicants, voluntary participation, and minimal departure from general regulation. Civil-law compensation remains available for harm caused during a regime, including harm from lawful participant conduct, and regime status does not itself create tax benefits. Public information, participant disclosures, monitoring, and effectiveness reviews support oversight and possible regulatory reform.

Under the text currently in force, a regime’s initial duration may not exceed three years, although extensions are available and programs may assign different participation periods to different participants.

Status and pending 2026 amendment

Federal Law No. 523-FZ broadened the title and scope in December 2024, and Federal Law No. 336-FZ supplied the latest operative amendments on July 31, 2025. Bill No. 1158700-8 passed the State Duma on June 10, 2026 and was approved by the Federation Council on June 17. It would allow regimes where general regulation is absent, raise the maximum term from three to five years, and permit a participant to leave on request. As of June 22, 2026, no official publication was located, so this profile treats those changes as approved by parliament but not yet operative.

Key provisions

Temporary special regulation

Applies program-specific rules to named participants for a defined term and, usually, a defined territory; deviations must appear in the approved program.

Regulatory perimeter Jan 28, 2021 Source

Express statutory authority

A program may alter or disapply a federal-law provision only when another federal law expressly authorizes that departure.

Legal authority Jan 28, 2021 Source

Government and Bank of Russia roles

The Government establishes most regimes; the Bank of Russia establishes financial-market regimes and approves their programs.

Institutional roles Jan 28, 2021 Source

Mandatory program controls

Programs must address risk, oversight, disclosure and performance; financial-market programs add AML/CFT, confidentiality and transaction limits.

AML/CFT and safeguards Sep 1, 2024 Source

Digital-currency experiments

Federal Law No. 223-FZ enables supervised digital-currency pilots for foreign-trade operations and organized trading.

Payments Sep 1, 2024 Source

Duration and extensions

The operative statute caps an initial regime at three years and permits extensions; a parliament-approved 2026 bill would raise the cap to five.

Duration Jan 28, 2021 Source

Timeline

  1. State Duma adopts Federal Law No. 258-FZ

    The State Duma adopted the experimental legal regimes framework.

    Passed Source
  2. Federation Council approves the law

    The Federation Council approved the measure after State Duma adoption.

    Passed Source
  3. Law signed and officially published

    Federal Law No. 258-FZ was signed and published on the official legal-information portal.

    Enacted Source
  4. Federal Law No. 258-FZ enters into force

    The framework became legally operative 180 days after official publication.

    In force Source
  5. Digital-currency ELR amendments take effect

    Federal Law No. 223-FZ enabled financial-market pilots involving digital currency.

    Effective Source
  6. Title and scope expanded

    Federal Law No. 523-FZ added technological innovation and high-technology production to the framework.

    Enacted Source
  7. Latest operative amendment takes effect

    Federal Law No. 336-FZ amended participant and reorganization provisions upon publication.

    Effective Source
  8. State Duma passes Bill No. 1158700-8

    The chamber approved changes including a proposed five-year maximum regime term.

    Passed Source
  9. Federation Council approves 2026 amendments

    The upper chamber approved Bill No. 1158700-8; official publication was not yet located at verification.

    Passed Source

Who it affects

Actors

Bank of Russia, Government of the Russian Federation, Ministry of Economic Development of Russia

Asset classes

Digital currency

Official sources

Editorial note

The official title is in Russian. The English title used in this profile is an editorial translation. The law was enacted under a title referring only to digital innovations; Federal Law No. 523-FZ expanded the official title and scope to digital and technological innovations.

The statute is an enabling framework; it does not itself grant a general authorization to issue, trade, or use cryptoassets.