🚨 LATEST NEWS: Russia and Cryptocurrency 🇷🇺
Russia is getting closer to making its cryptocurrency market accessible to more people 👀
According to reports from Odaily, the Central Bank of Russia, along with the Ministry of Finance, is considering relaxing the currently stringent regulations for crypto investors. Instead of restricting access to just “highly qualified investors,” a model that allows for different levels of participation might be implemented.
At the moment, the requirements are extremely high:
• More than $1 million in total assets
• Or an annual income exceeding $500,000
If these proposed modifications are approved, it could signify a significant move towards more widespread cryptocurrency use throughout Russia 🇷🇺🔥
It appears that regulation—rather than outright bans—is evolving.
#CryptoNews #Russia #CryptoRegulation #Blockchain
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