The Central Bank of Russia wants to limit cryptocurrency transactions to qualified investors. In a statement from the Central Bank of Russia, it was mentioned that various suggestions have been presented to the government regarding the regulation of cryptocurrencies following the instruction of Russian President Vladimir Putin. Accordingly, it is proposed that a limited number of investors in Russia should be allowed to buy and sell cryptocurrencies, with a three-year trial period also being initiated. Investors who can engage in cryptocurrency transactions are required to have assets exceeding 100 million rubles (approximately $1.1 million) in securities and deposits, while it is planned to allow companies defined as qualified investors to participate in the trial period. The statement emphasizes that the Central Bank of Russia does not view cryptocurrencies as a means of payment, and it is suggested that individuals outside the trial period should also be prohibited from making payments with cryptocurrencies. In August 2024, Russian President Vladimir Putin signed a decree making it legal to experimentally use cryptocurrencies in international payments and Forex transactions.