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Russia's Duma to finalize crypto bill limiting domestic Bitcoin demand on July 21

Market News
20 Jul 2026
Crypto Briefing
View Source
Bearish
Russia's Duma to finalize crypto bill limiting domestic Bitcoin demand on July 21

Russia's State Duma is set to finalize a new crypto regulation bill on July 21 that will license exchanges and brokers under the Bank of Russia's oversight. The bill classifies cryptocurrency as property, allows crypto for cross-border settlements, but restricts domestic crypto payments. It also introduces purchase limits and risk-awareness tests for retail investors, permitting them to trade only highly liquid assets like Bitcoin, Ethereum, and USDT. These measures are expected to limit long-term domestic demand for Bitcoin and may impact its future price outlook, with the bill's implementation anticipated by September 1, 2026.

More News (BTC)

XRP and Bitcoin long positions drop sharply in futures, signaling cautious trader sentiment.

XRP and Bitcoin long positions drop sharply in futures, signaling cautious trader sentiment.

On October 10, futures data showed a significant drop in long-position shares for XRP and Bitcoin in coin-margined contracts, with XRP falling 13 percentage points to 65.97% and Bitcoin down 9.30 points to 65.41%. This decline suggests a more cautiou...

Technical Signals
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A large 100.534 BTC sell order worth $8.3M appears on Binance, tipping market depth toward sellers.

A large 100.534 BTC sell order worth $8.3M appears on Binance, tipping market depth toward sellers.

A significant sell order of 100.534 Bitcoin, valued at approximately $8.3 million, was placed on Binance's perpetual market at a price of $82,585. This sell order caused the sell-side market depth to exceed the buy-side by about $4.5 million, represe...

Market News
Neutral
4 hours ago
Cosmos Hub leads crypto gains with a 17% rise as most tokens climb on Oct. 9.

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On October 9, Cosmos Hub was the top-performing cryptocurrency, rising 17.05% to $2.07 amid a broad market rally where 67 of 90 tracked assets advanced. Other notable gainers included Bitway, Polkadot, Jupiter, and Aptos, each increasing over 10%. Me...

Market News
Bullish
4 hours ago
Solana leads crypto funding rates at 10.9% annualized despite a drop in open interest.

Solana leads crypto funding rates at 10.9% annualized despite a drop in open interest.

On October 9, Solana (SOL) recorded the highest funding rate among major cryptocurrencies at 0.0100% every eight hours, annualizing to 10.9%. This occurred even as its open interest decreased by 2.65% to $925.6 million, with traders mostly holding lo...

Market News
Neutral
5 hours ago
Bitcoin Cash drops 7.3% with weak recovery amid no specific negative news, while Bitcoin rebounds strongly.

Bitcoin Cash drops 7.3% with weak recovery amid no specific negative news, while Bitcoin rebounds strongly.

Bitcoin Cash fell 7.3% to $273.80 on October 9, 2026, recovering only 16% of its prior day's decline, unlike Bitcoin which rebounded 88%. The drop lacks a clear trigger such as network issues or delistings, suggesting profit-taking or market repricin...

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Bearish
7 hours ago
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