Russia passes landmark crypto bill allowing regulated retail trading

What happened

Russia’s State Duma approved a crypto bill that caps non‑qualified retail investors’ annual crypto purchases at 300,000 rubles, creating a legal framework for regulated trading.

Confirmed

Global impact / market context

The limit aims to curb speculative retail exposure while legitimizing crypto trading, affecting how Russian investors allocate funds, and may set a precedent for regulated crypto markets in restrictive economies.

Analyst inference

The bill arrives as many countries tighten crypto rules, and follows Russia’s earlier bans on crypto payments, signaling a shift toward regulated retail access while still limiting exposure.

Analyst inference

What to watch

1. How Russian exchanges adapt their platforms to enforce the 300,000‑ruble limit and whether they introduce verification steps for qualifying investors. Analyst inference
2. Potential changes in crypto trading volumes as investors adjust to the new cap, which could shift activity toward qualified investors or offshore services. Analyst inference
3. Reactions from other jurisdictions that may view Russia’s approach as a model, possibly influencing their own retail crypto regulations. Analyst inference

Evidence

• theblock.co