Bank of Russia Drafts Cryptocurrency Investment Limits and Investor Categories for 2025–2027

On December 23, 2025, the Central Bank of Russia published a draft framework for cryptocurrency investing that introduces separate rules for qualified and unqualified investors. The proposal caps annual investments by unqualified investors at 300,000 rubles in highly liquid assets subject to a basic test, while qualified investors may access non-anonymous tokens after risk checks, with full regulatory rollout targeted between July 2026 and July 2027.