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The Bank of Russia has allowed non-accredited investors to buy three cryptocurrencies The central bank has established a list of cryptocurrencies that can be purchased by non-accredited investors. This included Bitcoin (BTC), Ethereum (ETH) and Stablecoin Tether (USDT). The regulator's order will enter into force on November 17. From this date, stock exchanges will be able to introduce listed assets into public circulation. The limit for non-applicants is 300 thousand rubles per year through one intermediary. It will be possible to buy cryptocurrencies through a broker, manager or crypto exchange. Accredited investors will have access to all crypto assets without restrictions - both on the exchange and over the counter markets. Before a transaction, both types of investors will have to go through tests and know the risks of investing in cryptocurrencies. Why did you choose these properties? The central bank took into account market value, average daily trading volume and pricing history in foreign exchanges. The latter must be at least five years old. The regulator explains the restrictions with the need to protect unqualified investors from significant losses due to sharp and unexpected fluctuations in cryptocurrency prices. For the market, this means a transition from a general entry of crypto assets to a more differentiated model: the set of tools and access conditions will depend on the status of the investor. Financial guard daughter. C | at MAX.

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🇷🇺 Russia · Map

The Bank of Russia has allowed non-accredited investors to buy three cryptocurrencies The central bank has established a list of cryptocurrencies that can be purchased by non-accredited investors. This included Bitcoin (BTC), Ethereum (ETH) and Stablecoin Tether (USDT). The regulator's order will enter into force on November 17. From this date, stock exchanges will be able to introduce listed assets into public circulation. The limit for non-applicants is 300 thousand rubles per year through one intermediary. It will be possible to buy cryptocurrencies through a broker, manager or crypto exchange. Accredited investors will have access to all crypto assets without restrictions - both on the exchange and over the counter markets. Before a transaction, both types of investors will have to go through tests and know the risks of investing in cryptocurrencies. Why did you choose these properties? The central bank took into account market value, average daily trading volume and pricing history in foreign exchanges. The latter must be at least five years old. The regulator explains the restrictions with the need to protect unqualified investors from significant losses due to sharp and unexpected fluctuations in cryptocurrency prices. For the market, this means a transition from a general entry of crypto assets to a more differentiated model: the set of tools and access conditions will depend on the status of the investor. Financial guard daughter. C | at MAX.

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