Russia plans to ease digital asset investment thresholds, expanding the scope for citizens to legally participate in the crypto market
ChainCatcher News, according to WRAL News, the Russian Ministry of Finance is actively considering significantly simplifying the requirements for digital asset investors. The proposed simplification measures are expected to expand the scope of participants in Russia's experimental legal regime for cryptocurrency trading (ELR), lowering the strict "super qualified" investor threshold (which currently requires holding a large amount of assets or income, such as an investment amount of 100 million rubles or an annual income of 50 million rubles). As a result, more Russian citizens will be able to legally enter the cryptocurrency market.
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