Bank of Russia Proposes Crypto Investment Pilot for High-Net-Worth Investors

2025-3-13 16:45

The Bank of Russia has submitted proposals to the government for a controlled experiment allowing a “limited group of Russian investors” to trade cryptocurrencies, based on a directive from the country’s President Vladimir Putin.

The plan would introduce an experimental legal regime (ELR) lasting three years wherein “particularly qualified” investors would be allowed to conduct cryptocurrency transactions, according to a statement from the central bank.

To be considered “particularly qualified,” individual investors would need to have over 100 million rubles ($1.14 million) in investments or an annual income exceeding 50 million rubles ($570,000). Institutions recognized as qualified investors would also be able to trade cryptocurrency.

The initiative aims to establish standards for crypto-related services and increase market transparency while expanding investment opportunities for “experienced investors willing to assume higher risks.”

The Bank of Russia repeated its warnings about the volatility and risks of the cryptocurrency market, emphasizing that they are not backed by any jurisdiction. In line with its stance, the central bank proposed banning cryptocurrency transactions between residents outside the ELR and enforcing penalties for violations.

Beyond direct cryptocurrency trading, the Bank of Russia plans to allow qualified investors to access derivatives and securities linked to digital assets, provided they do not involve direct cryptocurrency ownership.

The move is Russia’s latest foray into the cryptocurrency space. Last year, the country’s lower house of the Federal Assembly, the State Duma, passed two bills legalizing cryptocurrency mining and bringing in an experimental regime on cross-border settlements and exchange trading in digital currency.

The country’s central bank is looking to get its largest banks to support a digital ruble for retail and commercial use later this year. The country has been heavily sanctioned by the U.S. and Europe after its invasion of Ukraine, and the central bank digital currency is seen as a way to circumvent the financial restrictions it’s facing.

Back in 2021, the Bank of Russia said that the ruble-backed central bank digital currency could be used as a tool against sanctions.

Disclaimer: The information gathered for this article was translated with the use of artificial intelligence.

origin »

Intelligent Investment Chain (IIC) íà Currencies.ru

$ 0 (+0.00%)
Îáúåì 24H $0
Èçìåíåèÿ 24h: 0.00 %, 7d: -79.71 %
Cåãîäíÿ L: $0 - H: $0
Êàïèòàëèçàöèÿ $0 Rank 99999
Äîñòóïíî / Âñåãî 0 IIC

investment investors increase services standards crypto-related establish

Èñòî÷íèê: coindesk.com

investment investors → Ðåçóëüòàòîâ: 126


The Bitgert Miracle: How These Investors Defied Expectations and Achieved Millionaire Status with a Tiny $500 Investment!

This is historic – a group of ordinary investors just accomplished a modern-day miracle straight out of a get-rich fairytale. They’ve managed to defy all odds and turn an ultra-modest $500 investment into over $1,000,000 in audacious wealth! All thanks to the rising Bitgert – this blockchain protocol is blazing a new trail of prosperity […] The post The Bitgert Miracle: How These Investors Defied Expectations and Achieved Millionaire Status with a Tiny $500 Investment! appeared first on CaptainAltcoin.

2024-3-13 04:00


Ôîòî:

Cryptocurrency Rebalance Portfolios Outperform ‘Hodling’ according to Studies

Finance Shrimpy cryptocurrency portfolio management is a platform that helps investors curate a portfolio with automated investment strategies. With the company’s portfolio experience, the Shrimpy team published a study that gives an informative technical analysis comparing two types of cryptocurrency investment methods: rebalance against holding (hodl).

2018-7-14 19:14


Ôîòî:

Study Finds Cryptocurrency Rebalance Portfolios Outperform ‘Hodling’

Shrimpy cryptocurrency portfolio management is a platform that helps investors curate a portfolio with automated investment strategies. With the company’s portfolio experience, the Shrimpy team published a study that gives an informative technical analysis comparing two types of cryptocurrency investment methods: rebalance against holding (hodl).

2018-7-14 17:05


Ôîòî:

Thirty-eight Percent of South Africans Wish They’d Invested in Cryptocurrency

38 percent of South Africans “wish they had invested” in cryptocurrency as businesses report “decent” interest in the emerging technology from corporate investors. 40 Percent of South Africans ‘Aware’ of Crypto Results of pan-African investment bank Old Mutual’s 2018 “Savings & Investment Monitor,” released this week, reveal attitudes to Bitcoin locally are swiftly transforming. Overall

2018-7-13 04:42


Ôîòî:

‘I Wish I’d Invested In Cryptocurrency,’ Say 38 Percent Of South Africans

38 percent of South Africans “wish they had invested” in cryptocurrency as businesses report “decent” interest in the emerging technology from corporate investors. 40 Percent of South Africans ‘Aware’ of Crypto Results of pan-African investment bank Old Mutual’s 2018 “Savings & Investment Monitor,” released this week, reveal attitudes to Bitcoin locally are swiftly transforming.

2018-7-13 01:00


Ôîòî:

Malta See’s The World’s First ICCO – Initial Convertible Coin Offering, But What Is It?

Yesterday, The Malta Times reported on the world’s first ICCO, a regulated Initial ‘Convertible’ Coin Offering. You can see the full report for yourself, here. What is an ICCO? First off, this ICCO is regulated by the Malta Financial Services Authority so therefore meets a range of stringent restrictions designed to make investment safer.

2018-7-11 08:00


Ôîòî:

Digital Assets ‘Missing Piece Of Puzzle’ For Investors, New Research Finds

Barry Silbert’s Grayscale Investments believes digital assets conform to successful trading strategies and should form part of beta portfolios. Digital Assets ‘Fit Squarely’ With Portfolio Success That’s according to a new research paper from the investment giant, which claims digital assets fit into the risk-return model known as Modern Portfolio Theory (MPT) the same as traditional commodities do.

2018-7-9 17:00


CryptovationX ICO

CryptovationX aims to assist crypto investors by utilizing artificial intelligence (AI) to build a “best of breed” robo-advisory platform for digital asset investment. Cryptovation X also aims to assist in solving socio-economic problems such as education, unemployment and poverty by implementing a corporate social responsibility initiative with two strategies: 1) Financial Inclusion - a program that allows everyone to become an analyst (“Predictor”) and be compensated for so doing, together with a grant to support other social organizations and 2) Blockchain x AI Ecosystem - a program that encourages R&D and knowledge sharing about the ecosystem, through annual competitions.

2018-7-8 22:07


WatermelonBlock Uses IBM Watson AI for Sentiment Crypto Market Analysis

Understanding how the cryptocurrency market thinks and feels, can lead to much brighter investment decisions, suitable for all investors and their afferent lifestyles. WatermelonBlock represents a platform that harnesses AI and Big Data technology, to create cutting-edge sentiment analysis on the crypto market, displayed in an intuitive manner. Disclosure: This is a Sponsored Article Now, […]

2018-7-6 17:30


Ôîòî:

Coinbase Custody is Now Live, But Will Institutional Investors Actually Use It?

As part of Coinbase’s initiative to facilitate institutional investment in the cryptocurrency market, the exchange’s Custody service is now live in the US and Europe.   Bringing in Big Money Coinbase Custody is a service which provides secure storage for crypto-assets for eligible financial institutions and hedge funds across the world.

2018-7-3 12:00


äàëüøå åùå 77 íîâîñòåé →

Ïàðòíåðû Currencies.ru



Ðåêëàìà íà Currencies.ru

Ñàìîå ñâåæåå íà Currencies.ru