The Russian authorities are going to limit investments in cryptocurrencies
The government believes that restrictions on unqualified investors should protect them from financial losses
18.11.2021 - 13:00
417
2 min
0
What’s new? The Russian authorities plan to limit investments by incompetent investors in digital assets. The legislation will be drafted to do so. This was reported by the Reuters news agency on its Twitter account.
Российские власти вновь вернулись к выстраиванию в стране законодательного режима оборота криптовалют, поскольку инвестиции россиян в эти активы растут, сказал глава РСПП Александр Шохин. Предлагается допускать до сделок только квалифицированных инвесторов pic.twitter.com/X9ho9RIIxV— Агентство Рейтер (@reuters_russia) November 17, 2021
“I would like everything to be regulated here, including the tax aspects of this topic, there is a desire to ensure appropriate tax revenues for the budget, but this issue is not regulated, including the Civil Code,” said Alexander Shokhin, President of the Russian Union of Industrialists and Entrepreneurs (RSPP).
Why will the restriction be introduced? The government assumes that only qualified investors should deal in cryptocurrencies since it is a rather complex tool.
At the beginning of October, the deputies already considered a similar initiative. According to Anatoly Aksakov, Chairman of the Committee on Financial Markets, investments in cryptocurrencies are ill-conceived and risky. He believes that restrictions for unqualified investors should protect them from financial losses:
“Digital assets are the topic of our primary attention, and here we will look at how to protect our citizens as much as possible when investing in digital currencies.”
Useful material?
Telegram 
Twitter Technologies
Network fees will be integrated into the cost of swaps
Nov 22, 2024
Market
The company’s unrealized profits from investing in its first cryptocurrency approached $14 billion
Nov 19, 2024
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
Cryptocurrency rates
-
Bitcoin
$98 773
BTC
+0.62%
-
Ethereum
$3 425.6
ETH
+3.76%
-
BNB Smart Chain
$579.4
BSC
+1.23%
-
Ripple
$1.56
XRP
+10.24%
-
Dogecoin
$0.471348
DOGE
+18.82%
-
Cardano
$1.1
ADA
+22.35%
-
Stellar XLM
$0.437922
XLM
+51.25%
-
Polkadot
$8.15
DOT
+34.03%
-
Bitcoin Cash
$538.92
BCH
+12.91%
-
Litecoin
$103.07
LTC
+15.02%