1. Only wallets on government-approved exchanges (legal wallets) will be legal.
Create legal wallet will be possible only after identification by ID (passport) of the citizen.
So, based on what you wrote, the government will become the third part regarding wallets, and exchanges will be the new banking system.
Crypto coins are based on something called decentralization, so there's no government capable of doing any regulation about the cryptocoins. They can regulate how you access them, but not the crypto itself.
So, many people will still be able to use the crypto coins behind this law system, even when it is illegal, for they can use foreign exchangers as well as private wallets.
Giving an ID will only help in the collection of personal data, and the exchanges and wallet proprietaries will become the new kind of information providers to the Russian government.
It can be ok if you have a business and want to receive payments in crypto, but regarding trading or other activities, I see it difficult to implement.
Besides, even when I think taxes are a necessary evil for any country to works out correctly, how many taxes are going to be implemented in the wallets and exchanges?
What exchanges and wallets are going to receive the government approval and based on what? It can be a centralization attempt, for the principal banks on Russia can take the lead and create not only new exchanges under they control but also wallets.
To be honest, I need more information. Can you provide the font? For, based on what you wrote, this new seems concerning, and I can't see anything good on it.
If the draft law is adopted in the third reading (judging by the approval of the government, it will be), then Russia will probably have its own stock exchanges and its own wallets. Perhaps one of the current players on the market will conclude an agreement with the Russian government and will require ID from its users at registration.
Main point - all the transactions of crypto-currencies passing through purses that are not controlled by the government will be illegal. And access to regular exchanges, with a probability of 99% will be blocked.
If taxes are taken from any transaction between purses (input and output of money from the exchange, currency exchange, investments), this will seriously complicate the development of crypto currency in Russia.