Russia's State Duma drafts crypto bill with 300,000-ruble cap; 2026 rollout

Russia's State Duma has prepared a draft law to broaden retail access to cryptocurrencies, including a yearly purchase cap of 300,000 rubles (roughly $3,800) for non‑qualified investors. The text will be taken up in the spring session, with implementation targeted for 2026, while penalties for illegal intermediaries are planned by the Bank of Russia from 2027.