PANews reported on March 5 that according to TASS, the Russian Ministry of Finance and the Central Bank are discussing the launch of local cryptocurrency trading under an experimental legal framework, which is limited to "super-qualified" investors. The specific standards for this category are still being formulated. Officials from the Ministry of Finance said that if the experimental system, investor qualification standards and risk control are agreed upon, a formal plan may be submitted to the government. Discussions are still ongoing between the Ministry of Finance, the Central Bank and market participants.

Previously, Putin signed a law in August 2024, allowing cross-border payments and cryptocurrency transactions under an experimental legal framework from September 2024, with the central bank being the responsible party for supervision.