Russia's two major stock exchanges express support for new crypto regulation plan, with a annual investment limit of 300,000 rubles for ordinary investors
Mars Finance reports that according to Cryptopolitan, the Moscow Exchange (MOEX) and the Saint Petersburg Exchange (SPB) have expressed support for the new cryptocurrency regulatory plan issued by the Central Bank of Russia (CBR), and have confirmed that they will launch crypto trading services after the relevant regulations come into effect next year. The new framework allows both retail and qualified investors to participate, with a yearly crypto investment limit of 300,000 rubles for retail investors, while qualified investors have no limit (excluding privacy coins). The report states that the Central Bank of Russia has gradually softened its stance on cryptocurrencies over the past year.
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Russia's two major stock exchanges express support for new crypto regulation plan, with a annual investment limit of 300,000 rubles for ordinary investors
Mars Finance reports that according to Cryptopolitan, the Moscow Exchange (MOEX) and the Saint Petersburg Exchange (SPB) have expressed support for the new cryptocurrency regulatory plan issued by the Central Bank of Russia (CBR), and have confirmed that they will launch crypto trading services after the relevant regulations come into effect next year. The new framework allows both retail and qualified investors to participate, with a yearly crypto investment limit of 300,000 rubles for retail investors, while qualified investors have no limit (excluding privacy coins). The report states that the Central Bank of Russia has gradually softened its stance on cryptocurrencies over the past year.