Russia advances crypto bill after dropping wallet address disclosure rule
The post Russia advances crypto bill after dropping wallet address disclosure rule appeared on BitcoinEthereumNews.com. Russia’s State Duma committee has approved a revised cryptocurrency regulation bill for its second reading, removing a proposed requirement to declare crypto wallet addresses while adding provisions for crypto-funded investments and new transfer controls. Summary Russia’s State Duma committee has approved a revised crypto bill for its key second reading after removing mandatory crypto wallet address disclosures. The updated proposal allows crypto to be used for buying Russian securities and digital financial assets while keeping the annual retail investment limit at 300,000 rubles. New provisions would require certain large overseas and third party crypto transfers to be frozen for up to two days under the proposed rules. According to a statement shared through State Duma Financial Market Committee Chairman Anatoly Aksakov’s Telegram channel, the committee endorsed an