The Central Bank of Russia is preparing to allow limited cryptocurrency investments.

The Central Bank of Russia is planning to launch a three-year experimental legal regulation (EPR) that will allow a limited group of investors to engage in cryptocurrency investments. This initiative is shaped according to the directives of Russian President Vladimir Putin. Under the new regulation, only "qualified investors" who meet specific criteria will be permitted to trade cryptocurrencies, requiring them to possess over 100 million rubles in securities and deposits or an annual income exceeding 50 million rubles. Additionally, institutional qualified investors and financial institutions meeting regulatory standards will also be included in this program.

The proposed regulation aims to enhance market transparency, establish service standards, and broaden investment options for experienced investors. The Central Bank noted the high volatility of private cryptocurrencies and their lack of government backing, stressing that investors would be responsible for potential losses. While cryptocurrency payments remain banned, qualified investors can invest in derivative products and digital financial assets linked to cryptocurrencies, provided these investments do not involve the direct transfer of crypto assets.