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Alert
Russia Considers Dropping Qualified Investor Requirement for Crypto to Ease Sanctions Pressure
12/02/2025, 10:19
12/02/2025, 10:21
AI SUMMARY
●Russia's Central Bank and Ministry of Finance discuss easing crypto access rules
●Proposal to restrict Bitcoin to qualified investors likely to be abandoned
●Regulators aim to counter foreign payment restrictions by broadening asset circulation
The Central Bank of Russia has confirmed it is exploring the relaxation of cryptocurrency regulations. Specifically, the Ministry of Finance is discussing the abandonment of a mandate that would have restricted access to digital currencies like Bitcoin exclusively to "highly qualified" investors.
The regulator believes that rules governing the circulation of crypto assets should be eased. This strategic shift is primarily aimed at addressing challenges related to restrictions on foreign payments and facilitating smoother cross-border transactions amidst current sanctions.