According to Bits Media, the Russian State Duma has passed the first reading of the government-proposed 'Digital Currency and Digital Rights Bill' along with its related amendments. This document tightens the requirements for cryptocurrency circulation, stipulating that transactions can only be conducted through licensed intermediaries (such as brokers, trustees, and authorized exchanges), and related rights must be recorded in a specialized digital repository. The bill introduces investor categories: non-professional investors are expected to have an annual limit of 300,000 rubles for purchasing highly liquid digital currencies through a single intermediary, while professional investors will not face any transaction volume restrictions. Additionally, the bill will prohibit banks from transferring funds to foreign or unauthorized cryptocurrency platforms without Russian-licensed intermediaries, and residents must report overseas cryptocurrency transactions to tax authorities. https://www.(wublock123.com)/news/news-59934