In accordance with PANews, Russia's Central Bank has released a draft regulatory concept for the crypto market, proposing to allow both qualified and non-qualified investors to invest in crypto assets under certain conditions. Non-qualified investors, after passing a test, would be limited to purchasing up to 300,000 rubles (approximately $3,800) worth of highly liquid cryptocurrencies annually via a single intermediary. Qualified investors, after a risk assessment, would be allowed to invest unlimited amounts in any cryptocurrency except anonymous coins. The draft also proposes that crypto transactions be conducted through existing licensed institutions, with related legislation expected to be completed by July 2026 and legal liability for illegal intermediaries to take effect from July 2027.
Russia's Central Bank Proposes New Crypto Investment Rules with Tiered Investor Limits
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Summary
Russia's Central Bank has proposed new crypto investment rules, aligning with EU Markets in Crypto-Assets Regulation in structure. Non-qualified investors may buy up to 300,000 rubles ($3,800) in highly liquid cryptocurrencies annually after passing a test. Qualified investors, following a risk assessment, can invest unlimited amounts in non-anonymous coins. All transactions must go through licensed intermediaries. Legislation is expected by July 2026, with legal liability for illegal actors starting in 2027. The rules aim to enhance liquidity and crypto markets oversight while balancing retail and institutional access.
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