Russian Central Bank Opens Crypto Investment Opportunities for Qualified Investors!
Jakarta, Pintu News – The Central Bank of Russia (Bank of Russia) is proposing to allow certain groups of investors to trade cryptocurrency assets such as Bitcoin .
The move is part of a three-year experimental legal regime aimed at increasing transparency and expanding investment opportunities for experienced investors.
3-Year Experimental Program for Crypto Trading
In an official announcement submitted to the Russian government on March 12, 2025, the Central Bank of Russia stated that the new policy is in line with the directives of President Vladimir Putin, who wants further regulation of crypto investments in Russia.
Read also: 3 Crypto Narratives to Watch for the Second Week of March 2025!
This experimental program will last for three years and is only available to investors who meet strict criteria. To participate, individuals must have securities investments worth more than 100 million rubles ($1.15 million) or an annual income of at least 50 million rubles ($583,960).
In addition, companies and financial institutions that have met the qualification criteria in the current regulations can also participate.
The Central Bank of Russia emphasized that the main goal of the program is to increase the transparency of the crypto market in the country, create new service standards, as well as ensure that only investors who are ready to bear high risks can participate.
Crypto remains banned as a means of payment in Russia
While this policy opens up new opportunities for investors, the Central Bank of Russia made it clear that cryptocurrencies will still not be recognized as legal tender within the country.
Russia first banned the use of crypto for payment transactions in 2021, and in 2022, President Putin signed a law explicitly prohibiting Russian citizens from purchasing goods and services using cryptocurrency.
The ban remains in place even though the government has begun to consider using digital assets for cross-border transactions to avoid Western economic sanctions.
In addition, outside of this experimental program, qualified investors can also invest in financial instruments such as crypto-based derivatives and securities whose value is linked to the price of digital assets. However, direct ownership of cryptocurrencies outside of this scheme remains restricted.
Conclusion: Russia Loosens Regulations, but Remains Cautious
Overall, although Russia is paving the way for certain groups of investors to trade crypto, the government’s stance remains cautious in regulating digital assets.
This experimental program could be the first step in developing broader crypto regulation, but for now, the use of crypto as a means of payment remains prohibited.
This decision reflects a global trend where countries are starting to look for ways to accommodate crypto investments without compromising the stability of their financial systems.
If this experiment is a success, it’s possible that crypto regulation in Russia will evolve further in the future.
That’s the latest information about crypto news today. Get more information about crypto academy from beginner to expert level only at Pintu Academy and enrich your knowledge about the world of crypto and blockchain.
Follow us on Google News to get the latest information about crypto and blockchain technology. Enjoy an easy and secure crypto trading experience by downloading Pintu Crypto via Google Play Store or App Store now.
Experience web trading with advanced trading tools such as pro charting, various order types, and portfolio tracker only at Pintu Pro. Click Register Pintu if you don’t have an account or click Login Pintu if you are already registered.
*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
Reference:
- Cointelegraph. Bank of Russia Proposes to Allow Limited Crypto Investments. Accessed March 13, 2025.
- Crypto Briefing. Russia’s Central Bank Proposes Limited Crypto Purchases for Investors. Accessed March 13, 2025.
- The Crypto Basic. Russia Central Bank Proposes to Allow Qualified Investors to Trade Crypto. Accessed March 13, 2025.
