ChainThink report, March 24: According to Cryptopolitan, the Russian government has approved the Digital Currency and Digital Rights Bill, authorizing the Central Bank of Russia to conduct due diligence and approval processes for digital assets permitted for circulation within the country.

Under the bill, cryptocurrencies must meet the following criteria to be listed: an average market capitalization exceeding 5 trillion rubles (approximately $60 billion) over the past two years, a daily trading volume of no less than 1 trillion rubles (around $12 billion), and at least five years of public trading history. Major assets such as Bitcoin, Ethereum, and Solana satisfy these requirements.

The bill also stipulates that privacy-focused tokens will be blacklisted and prohibited from trading and holding; retail investors face an annual investment cap of approximately $4,000. Unauthorized cryptocurrency exchanges may be fined up to 1 million rubles; non-compliant mining operations could incur fines up to 2.5 million rubles; large-scale illegal mining activities may result in prison sentences of up to five years. The bill must undergo parliamentary review before July 1, 2026.