![\"Russia](\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjYtMDQvMDE5ZGI0ZTItMWE4ZC03NWM4LWE5NTgtMzgwZDZkNzY5ZmIyLmpwZw==.jpg\")
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Russian lawmakers passed a first reading of a bill regulating crypto through licensed intermedia<\/a>ries, with key rules set to take effect in July 2026 and 2027.<\/p>\n Russia\u2019s lower house of parliament passed a bill in first reading on Tuesday that would create the country\u2019s core legal framework for digital currency, moving Moscow closer to a system that channels crypto trading through licensed intermediaries under Bank of Russia oversight.<\/p>\n The draft bill No. 1194918-8<\/a>, titled \u201cOn Digital Currency and Digital Rights,\u201d passed its first reading in the State Duma on Tuesday, according to official records.<\/p>\n The bill would allow Russians to buy and sell crypto through app<\/a>roved intermediaries as early as July, while banning unlicensed crypto platforms beginning in July 2027, if the draft becomes law.<\/p>\n Read more<\/p>\n<\/p>\n If you liked the article, do not forget to share it with your friends. Follow us on\u00a0Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n If you want to read more News<\/a> articles, you can visit our General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n\n