SHIB News: Russia Explores Regulated Crypto Trading Framework for Super-Qualified Investors

In a significant move towards regulating the cryptocurrency market, Russia is exploring the establishment of an experimental legal regime (ELR) for crypto trading, specifically targeting ’super-qualified’ investors. Here’s a closer look at the developments and implications of this decision.

Russia Explores Regulated Crypto Trading for Select Investors

The Ministry of Finance and Central Bank of Russia are exploring an experimental legal regime (ELR) for crypto trading, focusing on “super-qualified” investors. Alexei Yakovlev mentioned that the criteria for these investors are still under development. This new category will consist mostly of professional market participants and select individuals, beyond just banks. The goal of the ELR is to provide a regulated framework for evaluating the risks and advantages of cryptocurrencies.

Shiba Inu Prediction: AI Sets SHIB Price For March 10, 2025

The meme coin market was painted in red, with major losses for assets like Dogecoin (DOGE) and Shiba Inu (SHIB). SHIB currently sits as the 20th largest cryptocurrency with a market cap of $7.55 billion. At the time of writing, SHIB was trading at $0.00001283, down nearly 9% over the past 24 hours, after witnessing a high of $0.00001512 and a low of $0.00001228.

Shiba Inu May Be Represented At The Crypto Summit Today

The US president, Donald Trump, is set to host the cryptocurrency summit today at the White House. The summit is expected to play a pivotal role in determining the new financial proceedings of the US economy. Speculations of the summit introducing a new cryptocurrency regulatory plan are also catching pace. At the same time, Shiba Inu (SHIB) is making a surprising connection to the summit through Robinhood’s CEO, Vlad Tenev, who is expected to attend.

SHIB Price Surge Incoming? Agent Shiboshi Introduces SHIB Burns and 1v1 Duels

The developers of Agent Shiboshi, a blockchain-based game built on the Shiba Inu network, have introduced a new 1v1 duel format which could drive increased demand for SHIB. Players can compete in these duels with an entry fee of 50,000 SHIB per player, claiming 80% of their wagered tokens while 10% of each wager will be burned. Lucie, head of marketing for the Shiba Inu ecosystem, announced this new feature which aims to reduce the token supply and potentially increase SHIB’s value.