⚡️🇷🇺 NEW - The Russian Central Bank proposes restricting crypto transactions to only the wealthiest of individuals.
To qualify to trade crypto, one must have assets over 100 million rubles ($1.2M) or an annual income above 50 million rubles ($580K).

⚡️🇷🇺 NEW - The Russian Central Bank proposes restricting crypto transactions to only the wealthiest of individuals.
To qualify to trade crypto, one must have assets over 100 million rubles ($1.2M) or an annual income above 50 million rubles ($580K).

I mean... Good luck gatekeeping large numbers?
Basically we want freedom for our oligarchs but not for the average plebs.
Lately the honesty out of European rulers is refreshing
fun fact: so does MiCA in the EU. They're telling me I won't be able to pay for my beer with LN anymore without KYC...
The Russian central bank and the Ministry of Finance usually have opposing opinions. Let’s see what actually happens.