The Bank of Russia plans to agree with the government on an experimental legal regime (ELR) in the near future, under which 'especially qualified investors' will be able to trade cryptocurrencies, stated the head of the Central Bank Elvira Nabiullina during her speech at the conference 'Russian Stock Market - 2025', organized by NAUFOR, as reported by RBC correspondent.

In March, the Bank of Russia proposed to create an ELR for a period of three years, within which 'especially qualified investors' would be able to buy and sell cryptocurrency. This status was intended to be granted to citizens if their investments in securities and deposits exceed 100 million rubles or their income for the previous year was more than 50 million rubles. It was also assumed that participants in the experiment could include qualified investors under current legislation, and that the regulator would establish additional requirements for financial organizations wishing to invest in cryptocurrencies.

'Investments directly in cryptocurrencies will require changes in regulation; they will require separate infrastructure.'