On the 11th, the Bank of Russia released a draft regulation defining the rules for cryptocurrency purchases by non-qualified investors (retail investors). The draft outlines a policy to limit the amount of cryptocurrency purchases to 300,000 rubles (approximately 580,000 yen) per year per intermediary for retail investors. Intermediaries include cryptocurrency exchanges, brokers, and asset management companies. The cryptocurrencies eligible under this regulation are limited to those with high liquidity. The Bank of Russia explains that this measure is to protect non-qualified investors from sudden and unpredictable price fluctuations. Currently, the cryptocurrencies specified are Bitcoin (BTC),...