Bank of Russia proposes to allow crypto purchases by select investors

Article

Name

Bank of Russia proposes to allow crypto purchases by select investors

Description

The Russian central bank is considering a three-year experimental regime to authorize select Russian investors to trade cryptocurrencies.

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Publish date

Mar 12, 2025 - 12:00am

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Web archive URL

Web URL

https://cointelegraph.com/news/bank-of-russia-proposes-to-allow-limited-crypto-investments?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Referenced by

Bank of Russia plans crypto experiment

Crypto news

By potentially allowing eligible Russian firms to invest in cryptocurrencies, the Bank of Russia may be paving the way for a ‘Russian MicroStrategy,’ or a company that would be committed to buying large amounts of BTC

Crypto news

On March 12, the Bank of Russia announced a proposal to allow a ‘limited circle of Russian investors’ to buy and sell cryptocurrencies like Bitcoin.

Crypto news