#RussiaDumaCryptoMonitoringBill
Russia’s Proposed Crypto Framework
Russia’s State Duma is advancing a new crypto monitoring bill to regulate the domestic market and navigate international sanctions.
Key Provisions:
Legal Recognition: Cryptocurrencies will gain official legal status.
Strict Oversight: The Government and Central Bank will monitor all transactions.
Licensing Mandate: Crypto exchanges and brokers must obtain official licenses.
Enforcement: Unregistered or illegal crypto activities will face strict penalties.
Dual-Approach Market: Crypto will be permitted for international payments while maintaining tight domestic control.
Objective: Regulate the crypto market, curb illicit trading, and manage financial flows under global sanctions.


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