Russia's New Crypto Rules: Qualified Investors Gain Access, Non-Qualified Face Limits

Russia has implemented new crypto regulations that took effect on September 1. Qualified and non-qualified investors are now allowed to trade through regulated intermediaries, while non-qualified investors face annual purchase limits of $28,800. Crypto payments inside Russia remain prohibited.

The Bank of Russia has proposed capping banks' crypto-related risk at 1% of their capital. Major banks are building infrastructure and will be required to cap crypto-related risk and report crypto turnover from January 2027.