"[Russia Plans Strict Regulation on Crypto Trading: Unlicensed Operations May Face Up to 7 Years of Forced Labor] According to a report by Jinse Finance, on April 19, a draft bill released by the Russian State Duma indicates that Russia plans to introduce criminal liability for engaging in cryptocurrency trading and exchange operations without proper authorization. Organizing digital currency trading activities without the Central Bank's approval will be classified as a crime, with operators potentially facing up to 7 years of forced labor as punishment. Crypto miners who fail to declare industrial-scale mining activities will also face penalties. The draft further stipulates that individuals who buy or sell crypto assets without authorization may also face criminal penalties, including fines (approximately $1,300 to $4,000) or up to 4 years of forced labor. For large-scale exchange operators, fines could reach up to $13,000, and they may face prison sentences ranging from 5 to 7