Russia's regulatory easing? Ordinary people may be able to buy Bitcoin now.

Question

[Chain Text] Russia&#39;s regulatory approach to Crypto Assets has recently undergone subtle changes.Last week, Russian Deputy Finance Minister Ivan Chebeskov revealed a signal - the previous strict regulations that only allowed "high-qualified investors" to access Bitcoin and related derivatives are being reconsidered by the regulators. By Monday, the first deputy governor of the central bank, Vladimir Chistyukhin, made it clearer in an interview: "There is indeed a discussion about whether this &#39;high-qualified&#39; threshold should be adjusted."The reasons he provided are quite realistic: now Russian businesses and individuals are restricted in making overseas payments using conventional currency. In this situation, if crypto assets continue to be confined to a small group of people, it is clearly not appropriate. The central bank&#39;s current attitude is that it is "very likely" to relax these regulations, allowing more ordinary investors to participate.In plain terms, the regulators are starting to realize that in an environment where payment channels are blocked, Crypto Assets may not just be a speculative tool, but can also solve some practical problems. If this policy adjustment is truly implemented, Russia&#39;s Crypto Assets market is likely to welcome a wave of new players.

GreenCandleCollector · Accepted Answer

I said that Russia would have to open up sooner or later, there is no other way under sanctions... Can ordinary people finally enter a position?

GhostInTheChain · Answer

Wow, are they finally going to loosen up? Russia seems to have been driven to a corner before remembering the wonderful use of Bitcoin, haha.

BlockBargainHunter · Answer

Russia is really being forced into a corner, and only now do they remember that ordinary people can also buy coins... hilarious.

CantAffordPancake · Answer

Russia is really being pushed to the brink. Payments are being strangled, and only now do they realize that ordinary people need to survive. Isn&#39;t it a bit too late?

rugpull_ptsd · Answer

They have been broken through. Russia has been forced into a corner, with no buffer pool left and directly opening BTC?

ImpermanentPhobia · Answer

Oh dear, is Russia really going to relent? It feels like they are under pressure and only now thought of what Bitcoin can do.