Russian Central Bank Chief Says Bill 1194918-8 Limits Crypto Access for Non-Qualified Investors

Russia's Central Bank Governor announced bill 1194918-8, effective September 1, which caps non-qualified investors at 300,000 rubles (~$3,800) in crypto purchases versus 3 million rubles for qualified investors, citing market volatility and asset seizure risks. The bill applies across investment classes and will launch alongside the digital ruble; transfers abroad remain permitted but disputes fall outside Russian law.

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