Russia’s Ministry of Finance proposed to legislatively define a professional buyer of cryptocurrencies
A qualified acquirer of digital assets is proposed to be considered an individual who is recognized as such by a cryptocurrency exchange operator or trading platform
14.04.2022 - 15:05
286
1 min
0
What’s new? The Ministry of Finance of the Russian Federation has amended the draft law “On Digital Currency.” The concept of a qualified investor has been replaced with a professional cryptocurrency acquirer, Interfax reports, citing a source.
Information on the Interfax website
What does the definition include? A professional acquirer of digital assets will be considered an individual who is recognized as such by a cryptocurrency exchange operator or trading platform. The document retained the condition according to which citizens will be able to invest up to 600 000 Russian rubles (RUB) per year in cryptocurrency after successfully passing the test. If the test is not passed, the maximum amount will be limited to 50 000 RUB. For individuals who will receive the status of a professional entrepreneur, the limit on the amount invested in digital assets will be lifted.
What had happened before? On April 8, the Ministry of Finance finalized and submitted a draft federal law “On Digital Currency” to the government for consideration. According to a press release from the department, the document has clarified and concretized some provisions, including those related to mining.
Useful material?
Telegram 
Twitter Incidents
The search, the reason for which was not announced, took place a week after the election, the results of which Polymarket users predicted quite accurately
Nov 14, 2024
Market
Analysts point to the growing popularity of the first cryptocurrency as a safe haven asset
Nov 13, 2024
Market
The product will begin trading on the Swiss Exchange on November 19
Nov 12, 2024
Market
The company’s unrealized profits from investing in the first cryptocurrency approached $13 billion
Nov 12, 2024
Market
The company predicts that the rate of the first cryptocurrency will grow to $200 000 by the end of next year
Nov 11, 2024
Technologies
The company also unveiled its own blockchain adoption index
Nov 11, 2024
Cryptocurrency rates
-
Bitcoin
$89 870
BTC
-1.5%
-
Ethereum
$3 108.93
ETH
-2.54%
-
BNB Smart Chain
$579.4
BSC
+1.23%
-
Dogecoin
$0.373555
DOGE
-5.75%
-
Ripple
$0.871286
XRP
+21.43%
-
Cardano
$0.665631
ADA
+16.76%
-
Bitcoin Cash
$429.41
BCH
-1.56%
-
Polkadot
$5.02
DOT
+0.64%
-
Litecoin
$85.59
LTC
+5.6%
-
Stellar XLM
$0.142075
XLM
+14.23%