Russia’s Central Bank Proposes Crypto Investment Pilot for Wealthy Investors

In Brief:

Russia’s Central Bank proposes a three-year experimental crypto trading regime.

Participation is restricted to high-net-worth individuals and qualified institutions.

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Russia’s Central Bank has submitted a proposal to launch a controlled cryptocurrency trading pilot for a limited group of wealthy investors. The initiative would establish a three-year experimental legal regime (ELR), allowing “specially qualified” investors to participate in crypto trading.

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To qualify, individuals must have investments exceeding 100 million rubles ($1.14M) or an annual income of at least 50 million rubles ($570K). Institutional investors will also be eligible. The move aims to increase market transparency and set regulatory standards for crypto-related services while expanding opportunities for experienced investors willing to take on higher risks.

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This proposal reflects Russia’s cautious approach to cryptocurrency regulation, balancing market expansion with tight control over digital assets.

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