Russia’s State Duma, the lower house of its legislative body, takes its final two votes on the country’s first comprehensive cryptocurrency law on Tuesday.

The bill—titled “On Digital Currency and Digital Rights”—still needs Senate approval and Russian President Vladimir Putin’s signature after that, a process Anatoly Aksakov, chairman of the State Duma Committee on Financial Markets, expects to take another two weeks. The law would then take effect on September 1.

The original target was July 1, but the delay came from coordination bottlenecks between government agencies, per reports by the Russian outlet Kommersant.

What the bill creates

The legislation sets up a licensing regime—a…