Russia’s Finance Ministry Weighs Easing Rules for Crypto Investors
Russia’s Finance Ministry and central bank plan a tiered crypto access system, reducing financial thresholds while maintaining opposition to unrestricted domestic cryptocurrency circulation.
Russia’s Finance Ministry and central bank have agreed to replace the strict high-qualified investor-only rule for cryptocurrency investments with a tiered access system. Current regulations require at least 100 million rubles in deposits and 50 million rubles in annual income to qualify. The new framework will lower these thresholds, allowing more investors to legally participate while the central bank maintains its stance against free domestic crypto circulation. This agreement reflects regulatory flexibility without abandoning control over the crypto market.
- Digital assets: Electronic representations of value or rights, including cryptocurrencies, that can be traded or transferred using blockchain technology.
- Crypto investment rules: Regulations that govern how individuals and institutions can buy, sell, and hold cryptocurrencies within a specific jurisdiction.