Russian lawmaker says bill allowing retail crypto investment to be discussed this spring

A draft bill has been prepared in Russia to allow non-professional individual investors to use cryptocurrencies, according to Anatoly Aksakov, Chairman of the State Duma's Committee on Financial Markets. In a statement reported by the Russian state news agency TASS, Aksakov said the bill will be treated as a key piece of legislation during the spring regular session. He emphasized that significant time will be devoted to the development of digital financial assets, adding that cryptocurrency will become a part of daily life. Bloomberg previously reported that Russia was moving toward allowing retail investors to invest in crypto and was advancing related legislation.