The Central Bank of Russia proposed a 3-year pilot program for cryptocurrency trading, aimed only at high-net-worth investors who meet specific asset or income thresholds

ChainCatcher news, according to Cointelegraph, the Central Bank of Russia has proposed to launch a 3-year pilot program for cryptocurrency trading, which is only available to high-net-worth investors who meet specific asset or income thresholds.

According to the proposal, investors who hold at least $11.5 million or have an annual income of $5 million can participate in the pilot.

The pilot still requires government approval, and if passed, it could become an important step for Russia in promoting the development of the cryptocurrency market.