TechFlow, December 23 — According to RIA Novosti, the Central Bank of Russia announced it will complete the legislative framework for cryptocurrency regulation by July 1, 2026, and plans to impose penalties on illegal intermediary activities in the cryptocurrency market starting July 1, 2027, with penalty standards similar to those for illegal banking activities. The central bank also proposed several regulatory measures, including allowing residents to purchase cryptocurrencies overseas, setting purchase limits for different categories of investors, and recognizing stablecoins as monetary assets.
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