Bank of Russia Proposes Limited Crypto Trading for Select Investors

Quick Summary:

The Bank of Russia has put forward a new proposal that could mark a significant shift in the country’s approach to cryptocurrency regulation.

Earlier today, the central bank announced that it has submitted a proposal to the Russian government to discuss allowing a limited group of investors to buy and sell cryptocurrencies such as Bitcoin.

By restricting access to only wealthy and institutional investors, Russia could be aiming to mitigate potential financial risks while still allowing controlled participation in the market.

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Article Details

Author / Journalist: Samuel Edyme

Category: Crypto

Markets: Hungary

Topics: Crypto Market BTCUSDT Crypto News Crypto Russia and Crypto Cryptocurrency Bitcoin

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-12 @ 21:00:18 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 448 words

Reading Time: 3 minutes read

Sentences: 36 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 26929703

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About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 16 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 9 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #105

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