Russian State Duma extends deposit insurance to electronic money

The Russian State Duma has enacted a series of legislative measures aimed at mitigating the impact of Western sanctions and strengthening domestic financial and corporate controls. These include frameworks for cryptocurrency use in cross-border payments, extended deposit insurance for electronic money, simplified corporate re-registration in SARs, and restrictions on foreign business buyback options. The practical implementation and impact on liquidity, capital repatriation, and market re-entry remain key uncertainties.