Russia's central bank wants to limit cryptocurrency trading. Only the very wealthy will be allowed to buy and sell digital currencies. This is part of Russia's ongoing effort to control cryptocurrencies.
- Only high-net-worth individuals can trade crypto.
- You need over $1.2 million in assets or $580,000 yearly income.
- Russia sees crypto as risky and volatile.
- This is part of Russia's plan to regulate digital assets.
| Requirement | Amount |
|---|---|
| Minimum Assets | $1.2 million (RUB 100 million) |
| Minimum Annual Income | $580,000 (RUB 50 million) |
