🇷🇺 Russia eases cryptocurrency market rules: is mass adoption close?
At the Eastern Economic Forum, the director of the Financial Policy Department of the Ministry of Finance, Alexey Yakovlev, stated that the government is discussing lowering the thresholds for retail investors to access cryptocurrency.
Currently, the conditions are too strict:
✔️ Income of 50 million rubles per year (≈$600,000)
✔️ Investments of at least 100 million rubles (≈$1.2 million)
✔️ Participation in a three-year experimental mode
Facts:
The volume of cryptocurrency assets held by Russians has already exceeded 2 trillion rubles (≈$25.4 billion)
A government cryptocurrency exchange for qualified investors is possible
Now, lowering the thresholds is being discussed so that regular investors can purchase crypto
💬 Question for you:
If the rules are softened, can Russia really become a new crypto hub? Or will government control still prevent crypto from developing freely?
