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Russia advances crypto bill that could pave way for criminal penalties

Russia advances crypto bill that could pave way for criminal penalties

Russian lawmakers have advanced a crypto regulation bill, which could impose criminal penalties, with key rules scheduled to take effect in July 2026 and 2027. The bill aims to regulate crypto transactions through licensed intermediaries, marking a significant step in Russia’s evolving approach to digital asset regulation. The legislation's progress signals increased government oversight of the crypto sector.

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