PANews April 19 news, according to DL News, a draft bill published by the State Duma of Russia shows that Russia intends to introduce criminal liability for engaging in cryptocurrency trading and exchange operations without permission. Organizing digital currency trading activities without the Central Bank's authorization will be classified as a crime, with relevant operators facing up to 7 years of forced labor penalties. Cryptocurrency miners who fail to declare industrial mining activities will also face penalties. The draft also stipulates that individuals who buy and sell cryptocurrency assets without permission may face criminal penalties, including fines (approximately $1,300 to $4,000) or up to 4 years of forced labor; while major exchange operators may face fines of up to $13,000 and could be sentenced to 5 to 7 years in prison. It is reported that if the bill is passed, it may take effect as early as July 1, 2027.

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