Russia to Cap Retail Crypto Purchases at $4,000 as Lawmakers Move to Finalize Rules
A reported draft law would cap retail cryptocurrency purchases at $4,000 and allow both qualified and retail investors to trade under a new regulatory framework expected to be finalized by midyear. The proposal also seeks to outlaw privacy-focused coins and prohibit using cryptocurrency for domestic payments, aiming to tighten anti-money-laundering controls and preserve state oversight of the financial system.
If enacted, the measures would limit individual exposure to crypto while keeping trading channels open for approved participants, potentially channeling more activity through licensed exchanges and custodians. Markets and local trading venues may see shifts in liquidity and product demand, and the timing of formal adoption will be watched closely by exchanges, institutional players, and foreign partners tracking Russia’s growing regulatory clarity.