Russia plans to restrict the allowable amount of bitcoins for trade., 2026/03/27 17:30:32

The lawyer based his calculations on information regarding plans to restrict cryptocurrency trading and exchange for so-called non-qualified investors, meaning anyone wishing to invest, with a limit of 300,000 rubles through a single broker annually. The relevant bill may be submitted to the State Duma by the government as early as next week. The document proposes to ban traditional methods of trading cryptocurrencies via exchanges and exchangers. Instead, a controlled “Russian framework” is expected to be established. Authorities aim to approve a list of assets based on liquidity and capitalization criteria.

“A whitelist of five to ten major cryptocurrencies is anticipated — with a high likelihood that this includes bitcoin, ether, and possibly Solana and TON. At the current exchange rate, 300,000 rubles is approximately $3,700. With this amount, one can acquire only about 0.04 BTC,” Brisov stated to reporters.

Qualified investors, defined as those who have successfully completed a specific assessment, are expected to be allowed to engage with a broader range of cryptocurrencies.

Previously, a government commission approved a provision allowing cryptocurrencies with a capitalization of at least 5 trillion rubles and a trading history of no less than five years to be traded on Russian exchanges.

In addition to the main bill concerning cryptocurrency regulation, authorities are preparing a separate document addressing penalties for violations of the new crypto exchange and trading rules. This pertains to amendments to the Code of Administrative Offenses, which foresee fines for intermediaries dealing with private investors beyond the established limit of 300,000 rubles. Beyond administrative penalties, it is proposed that from July 1, 2027, criminal liability for illegal intermediation be introduced, similar to that for unlawful banking activities, Brisov explained.