A new bill from the Russian State Duma aims to integrate cryptocurrencies into everyday financial activities by removing them from special financial regulations. Anatoly Aksakov, chairman of the Financial Market Committee, announced that the legislation will allow non-accredited investors to purchase cryptocurrencies with a cap of 300,000 rubles, while professional market participants will face no restrictions. The bill also facilitates the use of cryptocurrencies for international settlements and their circulation in foreign financial markets post-issuance in Russia. The State Duma plans to prioritize this legislation in its upcoming spring session.
Russian State Duma Prepares Bill to Integrate Cryptocurrencies into Mainstream Use
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