Russian Parliament Close to Finalizing New Crypto Law
Russia is moving closer to introducing a comprehensive legal framework for crypto after the State Duma had readings of its flagship crypto asset bill on July 21. Parliamentary records show legislators recommended the proposal for approval during its second reading on Thursday, July 16. The measure, draft bill No. 1194918-8 (Digital Currency and Digital Rights), now awaits the final votes in the lower house of parliament before advancing to the next stages of the legislative process. If approved, the bill would introduce detailed rules covering investor participation, crypto trading, and international digital asset transfers. However, passage in the State Duma…





