The Central Bank of Russia's regulation framework for Crypto Assets has been released, and this move carries significant implications. According to the proposed plan released by officials, Russia plans to gradually open up the trading permissions for retail investors and accredited investors in Crypto Assets before 2027.

The policy framework outlines several key points: investors need to pass relevant tests before participation, which is similar to the KYC process of compliant exchanges. There are clear restrictions on trading limits, with the annual investment cap for retail investors set at around $3,800.

However, the Central Bank has also candidly listed a risk checklist - Crypto Assets can be traded, but their use for domestic payment settlements is explicitly prohibited. More importantly, the lack of legal jurisdiction backing Crypto Assets faces high volatility pressure, while also considering the risk factors of sanctions. This means that investors need to fully recognize that potential losses are their own responsibility.

This reflects Russia's gradual adjustment in attitude towards the Crypto Assets market, moving from previously strict restrictions to a relatively pragmatic regulatory framework. This is another signal worth observing for the entire crypto investment ecosystem.