Russia Passes Crypto Bill With Retail Buying Limits and Licensed Exchanges

Russias State Duma has approved a sweeping cryptocurrency regulation bill in its second and third readings, bringing the country closer to establishing a regulated digital asset market. The legislation now awaits approval from the Federation Council and President Vladimir Putin before becoming law. If enacted, the main provisions will take effect on Sept. 1, while a transition period will continue until July 1, 2027. The bill creates a legal framework for individuals and businesses to buy and sell cryptocurrencies through licensed Russian intermediaries, including brokers, asset managers,…  Read more

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