Russia prepares crypto investor tests as brokers get first access

Russia has developed a common testing standard for cryptocurrency investors, with brokerage firms expected to become the first regulated intermediaries to assess customers before allowing them to buy and sell digital assets. Summary Russia has developed a common testing framework for cryptocurrency investors, with brokerage firms expected to begin assessing customers by the end of November. Investors who pass the required assessment through one licensed intermediary will be able to use their results across other regulated cryptocurrency platforms without repeating the test. Russia’s central bank plans different testing requirements for qualified and nonqualified investors, with retail participants limited to a selection of highly liquid cryptocurrencies. NAUFOR is developing a separate testing framework for digital financial asset investors, while the existing annual purchase limit of 600,000 rubles remains in place for certain retail investments. According to Russian news outlet RBC, National Association of Securities Market Participants (NAUFOR) First Vice President Ekaterina Andreeva announced the development at Crypto Summit 2026, confirming that brokers could begin administeri...