Russian Central Bank Proposes Crypto Trading for Wealthy Investors
- The Central Bank of Russia proposed a three-year experiment for crypto trading.
- Qualified participants include wealthy investors and certain firms.
- Eligibility requires investments over 100 million roubles ($1.15 million) or annual income above 50 million roubles ($575,000).
- The proposal aims to enhance transparency in crypto trading.
- Russia’s National Payment Card System (NSPK) is involved in testing crypto-ruble exchanges.
The Central Bank of Russia has proposed allowing wealthy investors and specific firms to trade crypto assets as part of a three-year experiment, aiming to increase transparency while acknowledging potential financial risks for participants. Eligibility criteria include significant investment or income thresholds.
Source (2.6)https://dailyhodl.com/2025/03/16/central-bank-of-russia-issues-proposal-allowing-wealthy-investors-to-trade-bitcoin-and-crypto-report/?rand=59076