Russia’s parliament to hold final readings on crypto bill Tuesday
Cointelegraph 2026-07-20 10:37:23
Context: Russia's State Duma is set to consider a cryptocurrency regulation bill in its final readings on Tuesday, July 21. The bill includes rules for investors and cross-border payments, marking a significant step towards regulating the country's cryptocurrency market. This development comes as Russia continues to navigate the complexities of cryptocurrency adoption and regulation.
Key Facts
- The State Duma, Russia's lower house of parliament, will hold the second and third readings of the cryptocurrency regulation bill on July 21, with the aim of finalizing the country's approach to cryptocurrency regulation.
- The bill includes provisions for regulating investor participation in the cryptocurrency market, indicating a move towards greater oversight and protection for investors.
- The legislation also covers rules for cross-border payments using cryptocurrencies, suggesting that Russia is working to integrate its cryptocurrency market with international systems while maintaining regulatory control.