[Russia Proposes Fines of Up to 1 Million Rubles for Non-Compliant Cryptocurrency Exchanges] The Russian Ministry of Finance has proposed adding new provisions to the Administrative Offenses Code, imposing fines of 700,000 to 1 million rubles on non-compliant cryptocurrency exchanges. The bill has been approved by the Government's Legislative Drafting Committee. Licensed exchanges that provide digital asset trading services to non-professional investors exceeding the transaction limit will face penalties, with responsible individuals potentially fined 30,000 to 50,000 rubles or disqualified for 1 to 2 years. The bill has not yet specified the exact types of non-compliant transactions or individual transaction limits. If approved, it is expected to take effect on July 1, 2027.