You make it sound as if it has already passed, in all honesty what are the odds of this being passed through and becoming legal? That's what I want to know. (Not that it changes much for me since I am American but the more Global Acceptance the better)
Russia flip flops on crypto regulation every other month. I wouldn't rely on anything until it's passed into law, signed by Putin himself. This is just a proposed bill.
It affects us in the sense that geopolitical powers are competing against one another. As I see it, favorable legislation from one superpower is good, because hard-headed anti-crypto legislation from others would only put that superpower's industries (crypto and finance) at an advantage. That's irrational.