PANews|Jul 08, 2026 01:07
[Russian State Duma Approves Final Version of Crypto Regulation Bill, Removes Mandatory Wallet Address Declaration Requirement]
According to Bits.media, the Russian State Duma Financial Market Committee has approved the final version of the government’s crypto regulation bill, which will be submitted for a second reading. Committee Chairman Anatoly Aksakov revealed that the second reading version includes several key adjustments: the mandatory declaration of crypto wallet addresses has been removed, replaced by a requirement to declare only balances and transaction flows, aiming to protect residents from the risk of sensitive information leaks; amendments have been added to allow the legal purchase of securities in the securities market and Russian digital financial assets using cryptocurrency; in the future, Russian legal brokers and asset managers may be permitted to trade on foreign crypto exchanges, but they must meet additional requirements such as the “friendliness” of the jurisdiction. For non-professional investors, the annual limit through a single intermediary is set at 300,000 rubles, and only the “most liquid cryptocurrencies” are allowed.
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