The Russian Finance Ministry has proposed amendments to the Administrative Offenses Code to impose fines on crypto exchanges that violate digital currency circulation regulations. According to the draft, exchanges that continue to offer trading services after individual investors reach the government-set annual crypto trading limit could face fines ranging from 700,000 to 1 million rubles ($7,500 to $11,000). Responsible individuals may face fines of 30,000 to 50,000 rubles or disqualification from their positions for 1 to 2 years. The draft has been approved by the government legislative committee and, if passed, the regulations are set to take effect on July 1, 2027.