Monitoring of the Federal Legislation dated 12.08.2024

Decree of the President of the Russian Federation No. 677 of August 8, 2024 - on additional measures for execution of government debt obligations of the Russian Federation to residents and foreign creditors, expressed in governmental securities the nominal value of which is indicated in foreign currency

Decree of the President of the Russian Federation No. 680 of August 9, 2024 - amendments to Decree of the President of the Russian Federation No. 665 of September 9, 2023 "On the Temporary Procedure for the Execution of Government Debt Obligations of the Russian Federation to Residents and Foreign Creditors, Expressed in Government Securities, the Par Value of Which is Indicated in Foreign Currency, and Other Obligations on Foreign Securities"

Federal Law No. 221-FZ of August 8, 2024 - amendments to certain legal acts of the Russian Federation: the Law regulates the procedure and conditions for the creation (distribution) of digital currency (cryptocurrency) and also provides for the following: concepts of mining and mining pool, requirements for the operator of the mining infrastructure, the procedure for circulation of digital currency in Russia.

Federal Law No. 222-FZ of August 8, 2024 - amendments to certain legal acts of the Russian Federation: notaries must take anti-money laundering measures when conducting financial transactions. An exhaustive list of transactions for which they must apply such measures has been established.

Federal Law No. 223-FZ of August 8, 2024 - amendments to certain legal acts of the Russian Federation: application of the experimental legal regime in the cryptocurrency market is provided for and regulated at the legislative level. Issues of applying the experimental legal regime for the purpose of making transactions with digital currency are settled.

Federal Law No. 224-FZ of August 8, 2024 - amendments to Articles 1 and 46 of the Federal Law on Narcotic Drugs and Psychotropic Substances and also certain legal acts of the Russian Federation: regulations on the prohibition of drug propaganda will change from September 1, 2025 - provisions to be adjusted concerning illegal trafficking and consumption of drugs, psychotropic substances, precursors, as well as cultivation of drug-containing plants.