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The central bank allowed non-accredited investors to buy Bitcoin, Ether and USDT starting this month. The fact that the regulator's order to this effect will take effect on November 17 is reported on its website. "Non-accredited investors will be able to purchase cryptocurrencies through various intermediaries - a broker, administrator or crypto exchange - both on the exchange and in over-the-counter markets. The limit on purchases through one intermediary is no more than 300 thousand rubles per year. Eligible investors will have access to all crypto assets without restrictions,” it said. Before a transaction, an investor, regardless of his status, will have to undergo tests and know the "investment risks" in cryptocurrencies. "The list includes only the most liquid assets, the criteria for which are determined by law. The selection took into account market capitalization, average daily trading volume and pricing history in foreign exchanges - it must be at least five years. This approach is intended to reduce the risks of unqualified investors when investing in crypto-assets," added the Central Bank of Russia.

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tvrain · · Source

🇷🇺 Russia · Map

The central bank allowed non-accredited investors to buy Bitcoin, Ether and USDT starting this month. The fact that the regulator's order to this effect will take effect on November 17 is reported on its website. "Non-accredited investors will be able to purchase cryptocurrencies through various intermediaries - a broker, administrator or crypto exchange - both on the exchange and in over-the-counter markets. The limit on purchases through one intermediary is no more than 300 thousand rubles per year. Eligible investors will have access to all crypto assets without restrictions,” it said. Before a transaction, an investor, regardless of his status, will have to undergo tests and know the "investment risks" in cryptocurrencies. "The list includes only the most liquid assets, the criteria for which are determined by law. The selection took into account market capitalization, average daily trading volume and pricing history in foreign exchanges - it must be at least five years. This approach is intended to reduce the risks of unqualified investors when investing in crypto-assets," added the Central Bank of Russia.

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