[Russian Duma Committee Recommends Rejecting Amendment to Ease Crypto Restrictions, Retail Annual Purchase Limit Remains at 300,000 Rubles] According to Bits.media, the Financial Markets Committee of the Russian State Duma has recommended rejecting an amendment aimed at easing restrictions on cryptocurrency trading. The bill is about to enter its critical second reading. The committee opposed raising the annual purchase limit for non-professional investors buying cryptocurrencies through a single intermediary from 300,000 rubles to 600,000 rubles. It also rejected a proposal to expand the list of tradable cryptocurrencies (the government version limits this to a very small number of tokens, such as Bitcoin and Ethereum). The unapproved amendments also included provisions to allow the use of non-custodial wallets, remove the requirement for mandatory consent from digital custodians for transactions, and require custodians to insure against risks such as hacking. The final version of the bill retains the authority of custodians to review and freeze transactions. The bill was originally planned to be passed before July 1 but has now been postponed to September 1. The chairman of the Duma Financial Committee stated that the related penalty provisions would not be approved before September.