Woofun AI reports that the State Duma of Russia has advanced the cryptocurrency market regulation bill through its second and third readings. Chairman Anatoly Aksakov indicated the legislation aims to curb illicit crypto usage while establishing a legal basis for international settlements. Non-professional investors face mandatory testing, a 300,000 ruble annual purchase cap, and restrictions to licensed institutions and highly liquid assets. Enforcement is delayed from July 1 to September 1, following the rejection of amendments seeking higher limits and non-custodial wallet access. Final adoption requires Federation Council approval and presidential signature.