Russia’s State Duma plans to hold the second and third readings of its main crypto regulation bill on Tuesday, July 21, moving the country closer to a formal legal framework for digital assets.
Summary
- Russia’s State Duma will hold final crypto bill readings Tuesday, setting rules for investors nationwide.
- Non-qualified investors face annual purchase limits, while qualified investors receive much higher permitted transaction caps.
- The bill also expands legal crypto use for cross-border trade while domestic payments remain restricted.
The legislation, draft bill No. 1194918-8, is titled “On Digital Currency and Digital Rights.” The official State Duma…
