Russian lawmakers are preparing to introduce the country’s first comprehensive digital-asset regulatory framework in July.

State Duma Financial Market Committee chair Anatoly Aksakov said the draft is expected to be finalized for a vote by the end of June.

The rules would take effect a year later and, if approved, would open regulated trading to both qualified and non-qualified participants beginning July 1, 2027.

Retail limits and approved assets

Under the emerging framework, retail traders would be allowed to buy and sell a limited set of “most liquid” assets, up to an annual cap.

State press reports have put that cap at 300,000 rubles (about $3,900) per year, while professional and qualified…