🚨Breaking News: 🇷🇺Russia’s Central Bank to allow crypto investments
The Bank of Russia has submitted proposals to the government to establish a regulated framework for cryptocurrency investments under a three-year experimental legal regime.
Russia’s Central Bank to allow limited #crypto investments
The Bank of Russia has submitted proposals to the government to establish a regulated framework for cryptocurrency investments under a three-year experimental legal regime.
The initiative, following directives from the Russian president, would permit a restricted group of investors to buy and sell digital currencies.
Under the proposal, only “particularly qualified” investors — those with investments exceeding 100 million rubles in securities and deposits or an annual income above 50 million rubles — would be eligible.
Additionally, corporate-qualified investors and financial organizations meeting regulatory standards could participate. The central bank will introduce specific risk-based requirements for financial institutions investing in cryptocurrency.
