Russian Central Bank Proposes Crypto Investments for Wealthy Individuals: The Russian Central Bank has proposed allowing “specially qualified” investors to participate in cryptocurrency investments. This marks a shift from the bank’s previous strong opposition to cryptocurrencies. The proposal outlines a three-year experimental legal regime for selected investors and companies to trade crypto assets. To qualify, individuals must have investments in securities and deposits totaling over 100 million roubles ($1.15 million) or an annual income exceeding 50 million roubles. Cryptocurrency will remain banned as a form of payment in Russia. $ALGO $KAITO $ADA
