"Russia is moving closer to opening its crypto market to everyday investors, as lawmakers prepare legislation that would remove digital assets from a special regulatory category and allow broader, though still capped, retail participation. Anatoly Aksakov, chairman of the State Duma's Committee on Financial Markets, said a draft bill is ready for consideration during the spring parliamentary session. The proposal would effectively normalize cryptocurrency within Russia's financial system,"
"Under the expected framework, non-qualified investors - individuals who do not meet Russia's professional or high-net-worth criteria - would be permitted to buy cryptocurrency up to a limit of 300,000 rubles, roughly $3,800. The legislation would remove crypto from a special financial regulation regime that has historically constrained their use. Supporters argue this change would help integrate digital assets more deeply into the economy, making crypto ownership and transactions increasingly "commonplace" for Russian citizens."
Russian lawmakers are preparing legislation to remove digital assets from a special regulatory category and permit broader retail participation under caps. A draft bill is expected for the spring parliamentary session. Non-qualified investors would be allowed to buy cryptocurrency up to 300,000 rubles (about $3,800). The law would normalize crypto within Russia's financial system, treating digital assets as part of everyday finance rather than exceptional instruments. The framework aims to enable cross-border crypto settlements and issuance of tokens in Russia that could be placed on foreign markets. The move reflects a calibrated easing after years of tight controls.
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