Russia's Central Bank has unveiled a draft framework for regulating digital assets, aiming for a comprehensive legal structure by July 1, 2026. The proposal allows both qualified and non-qualified investors to purchase crypto assets, with specific rules for each group. Qualified investors will have no transaction limits but must undergo risk assessments, while non-qualified investors are restricted to an annual cap of 300,000 rubles. The framework classifies digital currencies and stablecoins as currency values, permitting trading but prohibiting their use for local payments. Additionally, digital financial assets (CFAs) will be permitted on open networks, with issuance restricted to approved operators such as Sber and A-Token. The Central Bank emphasized the importance of managing risks related to volatility and international sanctions.