Russia Defers Crypto Exchange Prison Bill Until After September Duma Elections
Russia delays crypto prison bill until after September elections Russia’s State Duma has pushed the second and third readings of a bill criminalizing unlicensed cryptocurrency exchange to the new parliament’s autumn session after the Sept. 20 elections. The proposal would ban crypto exchange outside Central Bank-registered entities and set penalties of up to seven years in prison, with the rules due to take effect on July 1, 2027; committee head Anatoly Aksakov said penalty calibration is still unresolved.