Deep Tide TechFlow News, January 14 — According to TASS, the Russian State Duma Committee on Financial Markets Chairman Anatoly Aksakov stated on January 13 that a draft law has been prepared to remove cryptocurrencies from special financial regulation, making them a normal part of Russian citizens' daily lives.
Aksakov revealed that the development of digital financial assets will be a key topic during the spring session. Under the new bill, the cryptocurrency market will be open to non-professional investors, but the purchase amount will be limited to 300,000 rubles. Professional financial market participants, on the other hand, will be able to operate in the cryptocurrency market without restrictions.
Additionally, Aksakov emphasized that cryptocurrencies could be actively used for international settlements in the future and could be distributed in other countries' financial markets after being issued within Russia.
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Deep Tide TechFlow News, January 14 — According to TASS, the Russian State Duma Committee on Financial Markets Chairman Anatoly Aksakov stated on January 13 that a draft law has been prepared to remove cryptocurrencies from special financial regulation, making them a normal part of Russian citizens' daily lives.
Aksakov revealed that the development of digital financial assets will be a key topic during the spring session. Under the new bill, the cryptocurrency market will be open to non-professional investors, but the purchase amount will be limited to 300,000 rubles. Professional financial market participants, on the other hand, will be able to operate in the cryptocurrency market without restrictions.
Additionally, Aksakov emphasized that cryptocurrencies could be actively used for international settlements in the future and could be distributed in other countries' financial markets after being issued within Russia.