Russia’s Central Bank will allow limited crypto investments, but only for high-net-worth individuals with at least $1.1 million in assets.
Retail crypto trading remains banned, as officials reaffirm that cryptocurrency is not considered a legitimate means of payment.
This move follows the U.S. crypto pivot, with Russia cautiously exploring Bitcoin reserves and controlled market access.
In another shift in global crypto policy, Russia’s Central Bank has announced it will permit limited crypto investments for select investors, marking a major policy change for the nation.
ICYMI: 🇷🇺 The Bank of Russia will permit “specially qualified” investors to trade crypto but will maintain its ban on crypto payments 🤔 pic.twitter.com/n7cVXQvvR2
The country has been rethinking its approach to digital assets, allowing a three-year trial where “super-qualified” investors can buy and hold cryptocurrencies like Bitcoin. This move follows reports that Russia is also considering adding Bitcoin to its national reserves.
“In accordance with the instructions of the President of Russia, the Bank of Russia has sent proposals to the government for discussion on regulating investments in cryptocurrencies,” the central bank stated.
Who Can Invest in Crypto Under Russia’s New Rules?
Russia’s new policy limits crypto trading to high-net-worth individuals, defined as investors holding at least $1.1 million in securities and deposits.
However, the ban on retail crypto trading remains in place, with officials reiterating:
“The Bank of Russia still does not consider cryptocurrency a legitimate means of payment.”
Following the Global Shift Toward Crypto
The announcement comes as nations around the world adjust their stance on crypto. The U.S. pivoted first, with the Trump administration introducing sweeping crypto-friendly regulations. Now, Russia is cautiously moving in a similar direction, balancing state control with gradual market access.
While full legalization remains distant, this limited allowance for crypto investments could set the stage for broader adoption in Russia’s financial system.
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Michael is a BSBA Management graduate from Mindanao State University and has been a professional content writer since 2019. He began exploring cryptocurrency in 2021 and has since made blockchain and digital assets his primary focus. For nearly four years, Michael has contributed research and editorial content at Aiur Labs and BlockNews, producing clear and accessible coverage of market trends, trading strategies, and project developments. He is transparent about his personal holdings in Bitcoin, TRON, and select meme tokens, combining writing expertise with hands-on market experience to deliver trustworthy insights to readers.
