In what is yet another sign of the shifting perspective on digital assets for the nation, Russia’s Central Bank is set to allow ‘limited’ crypto purchases for some investors. Indeed, Moscow announced it is continuing to overhaul its cryptocurrency stance to allow participation from a select few.
Earlier this week, it was reported that Russia was moving forward with its own regulated cryptocurrency market. However, it would be limited to “super-qulaified” investors to take part. Additionally, it has discussed the potential of expanding its reserve strategy to include cryptos like Bitcoin.
JUST IN: 🇷🇺 Bank of Russia to allow limited crypto purchases for investors. pic.twitter.com/NiUFoyXaWZ
— Watcher.Guru (@WatcherGuru) March 12, 2025
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Russia Opens Crypto to Some Investors as Policy Shift Takes Place
Throughout 2025, the digital asset market has undergone a massive transformation. Although prices have not soared, nations throughout the world are reassessing their stance regarding the asset class. The United States was the first to completely overhaul its crypto policy under Donald Trump.
Now, Russia is poised to follow as the country’s central bank has announced it will allow crypto purchases for some investors. Specifically, the country unveiled a three-year crypto investment trial. This will allow Moscow the chance to observe an experimental legal and regulatory regime before widespread implementation.
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“In accordance with the instructions of the President of Russia, the Bank of Russia has sent proposals to the government for discussion on regulating investments in cryptocurrencies,” they stated. Indeed, the proposed legalization will allow crypto trading for investors who have at least $1.1 million in securities and deposits.
However, the Russian Central Bank reaffirmed its ban on crypto trading for retail investors. “The Bank of Russia still does not consider cryptocurrency as a means of payment,” they said. Yet, the current shift still makes a game-changing move in the right direction for the country and the asset class.