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 scope of participants in Russia's experimental legal regime for cryptocurrency trading (ELR), lowering the strict "super qualified" investor threshold (which requires having substantial assets or income, such as an investment amount of 100 million rubles or an annual income of 50 million rubles), allowing more Russian citizens to legally enter the cryptocurrency market.
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Russia plans to lower the barriers to digital asset investment and expand the scope of legal citizen participation in the crypto market.
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