Wire · regulatory
'To Protect Them': Bank of Russia Governor Defends Controversial New Crypto Purchasing Caps
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Fusion42 · 27 July 2026 · Fusion42 review
Russia's central bank has implemented tiered crypto purchasing caps—300,000 roubles ($3,800) for retail investors, 3 million roubles for qualified ones—ahead of the September 1 digital ruble launch, citing investor protection and asset seizure risks.
This Wire brief sits within Fusion42's coverage of Crypto & Web3. Wire is Fusion42's founder-focused intelligence feed: each story is connected to the funds and startups it names — every one with a live profile on Raise or Scout — so founders can follow the capital and the momentum behind the headline rather than just the headline itself. Wire analysis is one of the live surfaces Arthur reasons over.
◆ ◆ The Wire takeaway
If you're selling crypto products or custody into Russia, you now have two customer classes with hard purchase limits baked into law, and the retail tier is capped at £2,400 equivalent per transaction. The digital ruble goes live the same day—your Russian users will have a state-owned alternative to foreign stablecoins, and the Bank of Russia has just signalled it will keep pushing retail toward the domestic rails.
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