The Russian State Duma has postponed the consideration of a bill imposing criminal liability for illegal cryptocurrency transactions until after the upcoming Duma elections. Anatoly Aksakov, Chairman of the Financial Market Committee, announced that the bill, which passed its first reading in early July, will be revisited in the fall session. The proposed legislation includes fines and prison terms of up to seven years, with penalties set to take effect on July 1, 2027.
Aksakov clarified that while the bill targets direct peer-to-peer transactions, it will not affect ordinary exchangers and P2P users. Additionally, the government's "Digital Currency and Digital Rights Bill," initially scheduled to be effective from July 1, has been deferred to September 1. The Duma elections are set to conclude on September 20.
Russian Crypto Liability Bill Delayed Until Post-Duma Elections
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