A proposal filed at the 2026 National People’s Congress would amend the 2003 People’s Bank of China Law to explicitly recognize the digital yuan as legal tender, with regulators citing outdated rules.
The head of a key Russian parliamentary committee said on Dec. 16, 2025 that Russia will not accept cryptocurrencies as legal tender, reaffirming a strict stance against private digital money. The comment signals continued resistance to giving crypto the same status as the ruble.