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Russian central bank proposes wealthy individuals be allowed to invest in crypto
Russia's central bank has proposed regulating certain cryptocurrency investments for wealthy individuals, it said on Wednesday, outlining plans for "specially qualified" investors to trade crypto assets. The bank has gradually softened its strong opposition to cryptocurrencies, backing a law last year that allowed businesses to use cryptocurrencies in international trade, part of efforts to skirt Western sanctions imposed against Russia over the conflict in Ukraine. The central bank's proposal states that, under an experimental legal regime, certain investors and companies would be able to take part in a three-year ... (full story)
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- Posted: Mar 12, 2025 11:48am
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 222
