
The Central Bank of Russia (CBR) has proposed restricting cryptocurrency transactions to the wealthiest individuals, preventing most ...

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The Central Bank of Russia (CBR) has proposed restricting cryptocurrency transactions to the wealthiest individuals, preventing most ...
The Central Bank of Russia (CBR) has proposed restricting cryptocurrency transactions to the wealthiest individuals, preventing most citizens from trading digital assets unless they meet stringent financial criteria.
Under the proposed framework, only individuals classified as "especially qualified investors" would be permitted to buy and sell cryptocurrency. This status would be granted to those with financial assets exceeding RUB100mn ($1.2mn) or an annual income above RUB50mn ($580,000). The proposal also suggests allowing companies already classified as qualified investors under current legislation to participate in the experiment. These include professional financial market participants such as banks, insurance companies, brokers, trust managers, non-state pension funds and asset management companies for mutual investment f
Bitcoin will never fall into the $17,000s
The buy pressure will be enormous because once it's under 18 libertarians will find it irresistible