According to Mars Finance, WRAL News reported that the Russian Ministry of Finance is actively considering significantly simplifying the access requirements for digital asset investors. The proposed simplification measures are expected to expand the range of participants in Russia's experimental legal framework for Crypto Assets trading (ELR), dropping the strict high threshold for 'super-qualified' investors (which requires substantial assets or income, such as an investment of 100 million rubles or an annual income of 50 million rubles), allowing more Russian citizens to legally enter the Crypto Assets market.
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Russia plans to relax the investment threshold for digital assets and expand the scope for citizens to legally participate in the crypto market.
According to Mars Finance, WRAL News reported that the Russian Ministry of Finance is actively considering significantly simplifying the access requirements for digital asset investors. The proposed simplification measures are expected to expand the range of participants in Russia's experimental legal framework for Crypto Assets trading (ELR), dropping the strict high threshold for 'super-qualified' investors (which requires substantial assets or income, such as an investment of 100 million rubles or an annual income of 50 million rubles), allowing more Russian citizens to legally enter the Crypto Assets market.