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Bank of Russia Moves to Ease Cryptocurrency Restrictions

Bank of Russia Moves to Ease Cryptocurrency Restrictions

Author:

Global Cryptocurrency

Published:

2025-12-01 19:09:02

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BTCCSquare news:

The Bank of Russia is signaling a potential pivot in its stance on digital assets, with officials actively discussing regulatory relaxations. Deputy Finance Minister Ivan Chebeskov confirmed ongoing talks to modify the "highly qualified" investor requirement—a rule that has long restricted crypto access to elite financiers.

First Deputy Chairman Vladimir Chistyukhin acknowledged the discussions, marking a notable shift from the central bank's historically conservative position. The proposed changes could dismantle barriers for mainstream investors, aligning with Russia's March 2023 initiative to test digital currencies in cross-border trade.

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