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Russian Central Bank Will Put Onerous Limits on Retail Crypto Investors

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The Russian central bank seeks to impose new regulations on cryptocurrency. The central bank wants unqualified investors to be limited in how much cryptocurrency they can purchase. RCB reports that they will also institute an information-sharing system between crypto exchanges to ensure that no one goes over their limit. Want to Buy Crypto? Hope You’re Rich – or Have an Economics degree Russia’s laws on “qualified” investors differ from the US accredited investor laws. In the US, accreditation is related to income and assets. In Russia, qualification is also directly related to investment experience, and the government issues a qualification

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