RUSSIA CENTRAL BANK PROPOSES ALLOWING RICH INVESTORS TO BUY AND SELL CRYPTO

Summary from the TLDR Crypto newsletter

Russia's central bank has proposed new regulations allowing high net-worth individuals (>$11.5M assets) and qualified institutions to trade crypto during a three-year testing period. Aiming to increase market transparency while maintaining a ban on crypto as a general payment method, this marks another step in Russia's evolving stance on digital assets following its legalization of crypto for international payments and mining amid ongoing sanctions.