Russia's State Duma has moved forward with landmark legislation to legalize Bitcoin and cryptocurrency purchases for retail investors. Under the proposed bill, ordinary citizens would be permitted to buy crypto with an annual acquisition limit of 300,000 RUB (approximately $3,800), while qualified investors face no such restrictions. This policy shift marks a significant step toward mainstreaming digital assets as legitimate investment vehicles within the country's financial ecosystem. The framework aims to facilitate cross-border cryptocurrency transactions while establishing clear guardrails for market participation, effectively positioning crypto as a recognized asset class rather than fringe speculation.
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AirdropHunter007
· 11h ago
Russia has also started playing, now Europe and the US are panicking haha
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SandwichTrader
· 11h ago
Russia has finally woken up, but ordinary people can only buy 380,000 yuan worth of coins per year... That's a bit stingy.
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MevShadowranger
· 11h ago
Wow, Russia is also starting to embrace the crypto world. Now all major global economies are competing for Web3 dominance.
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GmGnSleeper
· 11h ago
Russia has finally lost patience, and now traditional finance veterans are getting nervous.
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SerumDegen
· 11h ago
lmao russia finally waking up... but that 3800 cap is basically copium for retail, qualified investors eating while normies get breadcrumbs. classic wealth gatekeeping dressed as regulation ngl
Russia's State Duma has moved forward with landmark legislation to legalize Bitcoin and cryptocurrency purchases for retail investors. Under the proposed bill, ordinary citizens would be permitted to buy crypto with an annual acquisition limit of 300,000 RUB (approximately $3,800), while qualified investors face no such restrictions. This policy shift marks a significant step toward mainstreaming digital assets as legitimate investment vehicles within the country's financial ecosystem. The framework aims to facilitate cross-border cryptocurrency transactions while establishing clear guardrails for market participation, effectively positioning crypto as a recognized asset class rather than fringe speculation.