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Russia’s Crypto Revolution: Central Bank Greenlights 3 Year Trial for Elite Investors
On March 12, 2025, the Bank of Russia dropped a bombshell: a proposal for a three year crypto trading trial, exclusively for the country’s financial elite. Think you can join? You will need at least $1.1 million in securities and deposits or a cool $570,000 in annual income to qualify. This isn’t for the average Ivan; it’s a VIP pass for “particularly qualified” investors only.
The central bank’s plan? Let these high rollers trade Bitcoin and other digital assets under a tightly controlled experimental framework. The goal: boost market transparency, set standards for crypto services, and test the waters without rocking Russia’s financial boat. But don’t get too excited crypto is still banned for everyday payments, and violations come with penalties.
Why now? Russia has been flirting with digital assets for years, especially for international trade to dodge Western sanctions. With the government’s blessing still pending, this could be a game changer or just a cautious toe dip into the crypto pool. Either way, the world’s watching: will Russia spawn its own Bitcoin billionaires, or keep the leash tight? Stay tuned, this is one experiment you won’t want to miss!
#RussiaCrypto #BitcoinBoom #CryptoTrial
$BTC
On March 12, 2025, the Bank of Russia dropped a bombshell: a proposal for a three year crypto trading trial, exclusively for the country’s financial elite. Think you can join? You will need at least $1.1 million in securities and deposits or a cool $570,000 in annual income to qualify. This isn’t for the average Ivan; it’s a VIP pass for “particularly qualified” investors only.
The central bank’s plan? Let these high rollers trade Bitcoin and other digital assets under a tightly controlled experimental framework. The goal: boost market transparency, set standards for crypto services, and test the waters without rocking Russia’s financial boat. But don’t get too excited crypto is still banned for everyday payments, and violations come with penalties.
Why now? Russia has been flirting with digital assets for years, especially for international trade to dodge Western sanctions. With the government’s blessing still pending, this could be a game changer or just a cautious toe dip into the crypto pool. Either way, the world’s watching: will Russia spawn its own Bitcoin billionaires, or keep the leash tight? Stay tuned, this is one experiment you won’t want to miss!
#RussiaCrypto #BitcoinBoom #CryptoTrial
$BTC
JURY SEATED FOR TORNADO CASH DEV ROMAN STORM’S TRIAL
OPENING ARGUMENTS TO BEGIN SHORTLY
A jury has officially been seated in the high-profile trial of Roman Storm, developer of crypto mixing service Tornado Cash. The case now moves to opening arguments, which are expected to begin shortly.
Storm faces charges related to alleged money laundering and sanctions violations tied to the platform’s use by illicit actors. The outcome of this trial could have major implications for open-source developers and crypto privacy tools.
#TornadoCash #RomanStorm #CryptoLaw #BlockchainPrivacy #CryptoTrial
OPENING ARGUMENTS TO BEGIN SHORTLY
A jury has officially been seated in the high-profile trial of Roman Storm, developer of crypto mixing service Tornado Cash. The case now moves to opening arguments, which are expected to begin shortly.
Storm faces charges related to alleged money laundering and sanctions violations tied to the platform’s use by illicit actors. The outcome of this trial could have major implications for open-source developers and crypto privacy tools.
#TornadoCash #RomanStorm #CryptoLaw #BlockchainPrivacy #CryptoTrial
Worth noting: Do Kwon’s defense could’ve requested a speedy trial but instead opted for a Jan 2026 date—despite claiming innocence. If they believed in a clean slate, why delay? Strategic stalling or fear of evidence? #Terra #LUNC #CryptoTrial #LUNA2
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