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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EyeOfTheTokenStorm
· 01-17 21:10
Russia's move this time... According to the quantitative model, it's indeed a good opportunity for institutions to do T. The 3 million ruble limit is a bottoming pattern for retail investors, interesting.
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BanklessAtHeart
· 01-17 20:34
Wow, Russia is also starting to regulate and integrate? The geopolitical landscape has really changed now.
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WalletInspector
· 01-17 19:52
Russia has finally gone all-in, now retail investors can legally trade cryptocurrencies... However, you can only buy $38 worth of Bitcoin per year, this limit is just too funny.
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NFTPessimist
· 01-17 18:03
Russia is trying to harvest retail investors here. A 30,000 ruble term, sounds nice but in reality it's just a routine to harvest the little guys.
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AirdropHunter007
· 01-14 23:51
Russia has also started playing, now Europe and the US are panicking haha
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SandwichTrader
· 01-14 23:50
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
· 01-14 23:49
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
· 01-14 23:40
Russia has finally lost patience, and now traditional finance veterans are getting nervous.
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SerumDegen
· 01-14 23:32
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.