Sanctions push Russia toward tighter crypto rulebook
Russia’s central bank has drawn up a new regulatory blueprint for cryptocurrencies that would open the domestic market to retail investors alongside professionals, underscoring how Western sanctions have forced a rethink of the country’s once-hostile stance toward digital assets.
Summary
- Russia’s central bank plans to let non-qualified investors buy the most liquid cryptocurrencies after passing a knowledge test, with annual purchases capped at 300,000 rubles ($3,800).
- Qualified investors would face no limits after completing a risk-awareness exam—excluding anonymous tokens.
- Crypto trading would run through licensed intermediaries, allow overseas purchases with tax…
