Russia's Ministry of Finance has proposed adding new provisions to the Administrative Offenses Code to impose fines on crypto exchanges that violate digital currency circulation regulations. According to the draft, if a crypto exchange continues to provide trading services after individual investors have reached the annual crypto trading limit set by the government, the institution could face fines ranging from 700,000 to 1,000,000 rubles (approximately $7,500 to $11,000). Responsible individuals may face fines of 30,000 to 50,000 rubles or be disqualified from their positions for 1 to 2 years. The draft has been approved by the government’s legislative committee, and if passed, the regulations are expected to take effect on July 1, 2027. (bits media) https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=58522