The Bank of Russia has proposed a regulated framework for cryptocurrency investments under a three-year experimental legal regime. The initiative would allow a limited group of investors to buy and sell digital currencies, including investors with investments exceeding 100 million rubles or an annual income above 50 million rubles. The central bank aims to increase market transparency and expand investment opportunities for experienced investors, but also emphasizes the risks involved with privately issued cryptocurrencies. The bank rejects cryptocurrency as a means of payment and proposes banning crypto transactions between residents outside the EPR, but qualified investors would be allowed to invest in derivatives, securities, and digital financial assets linked to crypto value.



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