Deputy Finance Minister Ivan Chebeskov assured that the authorities are striving to bring the Russian digital assets market out of the 'gray zone'.
'We have not only supported this idea but are actively working on it together with the Central Bank. Our position has always been that the digital currency market should be maximally regulated and legalized,' the official stated.
The experimental legal regime, under which cryptocurrency trading will be allowed in Russia, will be controlled by the Central Bank. According to the deputy minister, this approach will ensure efficiency, minimize violations, and become 'an important step towards the full legalization of cryptocurrencies in the country'.
Earlier, the Bank of Russia proposed to the government to create an experimental legal regime for a period of three years, under which the ability to buy and sell cryptocurrency will be granted only to a limited circle of 'super-qualified investors'. This refers to participants in the investment market who have placed securities and deposits totaling more than 100 million rubles or earned income of more than 50 million rubles in 2024.
