- Russia’s government said it has prepared a regulatory proposal that, while advancing the legalization of crypto investing, would set ordinary retail investors’ annual crypto assets investment limit at 300,000 rubles (about $3,700).
- Ordinary investors would be allowed to invest only in major crypto assets approved by the central bank, and trading would be permitted only through regulated intermediaries, with relevant institutions required to obtain separate licenses.
- Professional investors could invest in most crypto assets without a separate cap, though certain assets such as privacy coins would be excluded, and transactions via unauthorized overseas exchanges could be banned.
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