Russia’s Crypto Pivot: Central Bank Opens Doors to Elite Investors

Russia’s Central Bank proposes a controlled crypto investment regime for wealthy individuals, signaling a strategic shift in digital asset policy.

May 19, 2025 - 16:15
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Russia’s Crypto Pivot: Central Bank Opens Doors to Elite Investors

In a notable policy shift, the Central Bank of Russia has proposed easing restrictions on cryptocurrency investments, specifically targeting high-net-worth individuals. This initiative introduces a three-year “Experimental Legal Regime” (ELR), allowing “specially qualified” investors to engage in crypto trading under regulated conditions . 

To qualify, individuals must possess over 100 million rubles (approximately $1.15 million) in securities and deposits or have an annual income exceeding 50 million rubles. The ELR aims to increase market transparency and test the integration of digital assets within Russia’s financial system .  

Despite this progressive move, the Central Bank maintains its stance against using cryptocurrencies for domestic payments. However, the proposal aligns with Russia’s broader strategy to incorporate digital assets into international trade, especially as a means to circumvent Western sanctions .  

This development reflects Russia’s cautious yet strategic approach to digital assets, balancing innovation with regulatory oversight. As the ELR unfolds, it may pave the way for broader adoption and integration of cryptocurrencies within the Russian economy.

NOTICE: The information provided on trafy.io does not constitute investment advice or recommendations. All investment and trading activities involve risks, and readers are advised to conduct their own research before making decisions.
NOTICE: The information provided on trafy.io does not constitute investment advice or recommendations. All investment and trading activities involve risks, and readers are advised to conduct their own research before making decisions.