Russia Sets Crypto Purchase Limits for Non-Qualified Investors Ahead of September 1 Implementation

According to Odaily, Russia's Central Bank Governor Elvira Nabiullina stated that bill 1194918-8, effective September 1, limits non-qualified investors to 300,000 rubles (approximately $3,800) in cryptocurrency purchases, while qualified investors face limits 10 times higher. Nabiullina explained the measure protects retail investors from misunderstood risks, citing cryptocurrency market volatility and potential asset seizure risks linked to Russia. The law will be implemented alongside the digital ruble rollout.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments