Svmuu News: The Russian State Duma’s Financial Markets Committee has recommended rejecting an amendment aimed at easing restrictions on cryptocurrency trading.As the bill approaches its crucial second reading, the committee opposes raising the annual limit for retail investors to purchase cryptocurrency through a single intermediary from 300,000 rubles to 600,000 rubles. It has also rejected proposals to expand the list of tradable cryptocurrencies; the government’s version is limited to only a few currencies, such as Bitcoin and Ethereum.Other rejected amendments included provisions allowing the use of non-custodial wallets, removing the requirement for digital custodians to give mandatory consent to transactions, and requiring custodians to purchase insurance against risks such as hacking. The final version of the bill retains the custodians’ authority to review and freeze transactions.The bill was originally scheduled to be passed by July 1 but has now been postponed to September 1. The chair of the Duma’s Financial Committee stated that the relevant penalty provisions would not be approved before September.