[Russian Central Bank Plans to Introduce a 'Cooling-Off Period' for Crypto Transactions, Forcing a 48-Hour Freeze on Funds After Transfers] According to Bits.media, Vladimir Chistyukhin, the First Deputy Governor of the Russian Central Bank, stated that the proposed crypto regulation bill will establish a 48-hour 'cooling-off period' for legitimate crypto transactions. This means that funds will be forcibly frozen for 48 hours after transfers, limited to account-to-account transfers and excluding crypto brokerage activities. The measure aims to protect non-professional investors from fraud. Relevant provisions have been included in the crypto market regulation bill, which was originally scheduled to take effect on July 1 but has had its second and third readings postponed, with the new expected effective date being September 1. Additionally, Chistyukhin mentioned that the Russian Central Bank is in discussions with Belarusian crypto companies regarding rules for entering the Russian market.