Wire · regulatory
Russian Central Bank Chief Says Bill 1194918-8 Limits Crypto Access for Non-Qualified Investors
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Fusion42 · 27 July 2026 · Fusion42 review
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.
This Wire brief sits within Fusion42's coverage of Fintech.
◆ ◆ The Wire takeaway
If you're building consumer crypto products in Russia, you now have a hard market split: retail users can move $3,800 per transaction, qualified ones can move $38,000. Your product roadmap needs separate flows by September 1, or you lose 90% of your addressable market.
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1 source · 26 Jul 2026
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