Overview
- A central bank concept paper sent to the government would allow both qualified and non‑qualified investors to buy crypto under defined tests and limits.
- Retail buyers could purchase only highly liquid tokens after a knowledge test, with a cap of 300,000 rubles per year through a single intermediary.
- Qualified investors would face knowledge assessments but no volume limits, and privacy‑focused cryptocurrencies would remain prohibited.
- Digital currencies and stablecoins would be treated as tradable monetary assets, but their use for domestic payments would continue to be banned.
- Trading would run through licensed exchanges, brokers and trustees, and residents could buy on foreign platforms with mandatory tax notifications for transfers.