Russia’s Finance Ministry said that the government approved a package of draft laws to legalize the circulation of digital currencies and digital rights in Russia. According to the ministry, the framework would channel crypto operations through licensed digital depositaries, digital-currency exchange operators and existing professional market participants, including banks and brokers subject to special prudential requirements.
The official summary says non-qualified investors would be allowed to buy only the most liquid digital currencies and would face a cap of 300,000 rubles per year through a single intermediary. That points to a more regulated domestic crypto market while narrowing direct retail access under the proposed structure.
The next point to watch is the legislative path. In a Finance Ministry statement published five days earlier, Deputy Finance Minister Alexey Yakovlev said the bill was expected to be submitted to the State Duma the following week, while preserving the ability of a broad range of citizens to hold digital currencies under the new rules.
Source: Russian Ministry of Finance.
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