ChainCatcher news, Russian Duma Chairman Volodin stated that the United States supports the arrest of Telegram CEO Durov in France without providing evidence. (Jin Ten)

ChainCatcher news, according to RIA Novosti, the Russian Duma has passed a law in the second and third readings that allows for cross-border settlements and exchange transactions of digital currencies within the framework of an experimental legal regime (EPR) starting from September 1, 2024.In addition, the Russian Duma has also passed a law in the second and third readings that will legalize cryptocurrency mining in Russia starting from November. The law stipulates the procedures and conditions for conducting such activities. Legal entities and individual entrepreneurs registered in the Russian Federation's Ministry of Digital Development will be entitled to engage in cryptocurrency mining.

ChainCatcher news, Bitcoin News tweeted that the Russian Duma committee has recommended the first-round approval of a Bitcoin mining regulation bill. The revised bill authorizes the Russian government to collaborate with the Bank of Russia to develop mining regulations for individuals, businesses, and mining pools. The document was initiated by a group of representatives from different factions led by Anatoly Aksakov, chairman of the State Duma's Financial Market Committee, and is expected to be reviewed at the meeting on July 23.

ChainCatcher news, according to Bitcoin News, the chairman of the Financial Market Committee of the State Duma of Russia, Anatoly Aksakov, stated, "Because Russia's cryptocurrency market is quite large, the main participants involved in cryptocurrency mining and circulation wish to regulate it, and they are willing to pay taxes. Therefore, I expect cryptocurrency regulations to become law in the first half of 2024."

ChainCatcher news, according to Vedomosti, the Russian Duma has begun drafting an amendment to create a national cryptocurrency exchange in Russia. Altukhov, a member of the State Duma's Economic Policy Committee, confirmed that a legislative amendment is being prepared to launch a national cryptocurrency trading platform. (source link)