Woofun AI reports that the Russian State Duma is scheduled to conduct the second and third readings of the cryptocurrency market regulation bill on July 21. Anatoly Aksakov, head of the Financial Markets Committee, stated the legislation seeks to establish legal conditions for crypto operations in Russia while suppressing illegal sector activities. He noted that the framework aims to combat illicit use while providing compliant pathways for international business. Previously, the Central Bank proposed allowing non-qualified investors to purchase high-liquidity crypto assets, subject to passing special tests and an annual limit of 300,000 rubles per intermediary.