According to Bitcoin.com, Russian legislators have proposed amending the current "Digital Financial Assets" law to regulate cryptocurrency mining while prohibiting the circulation of cryptocurrencies in the country. The legislation also bans non-targeted advertising of crypto-related products and services. Under the proposed terms, crypto mining activities would be overseen by a special agency appointed by the government. The executive power will also coordinate with the Central Bank of Russia to determine the requirements for legal entities or individual entrepreneurs wishing to set foot in the industry. If passed, the new legislation would prohibit advertising or other forms of promoting crypto assets to an unlimited audience.