Russia’s finance ministry backs opening crypto market for ordinary Russians
The Ministry of Finance in Moscow has voiced support for the Bank of Russia’s push to expand investor access to cryptocurrencies.
A high-ranking representative of the department also said that a suggested cap on crypto investments is still subject to discussions and change.
Minfin stands behind Moscow’s policy shift regarding cryptocurrency
The Russian Ministry of Finance (Minfin) supports the recently unveiled regulatory concept of the Central Bank of Russia (CBR), which allows non-qualified investors to purchase and trade cryptocurrencies like Bitcoin (BTC).
This was stated by its deputy head, Ivan Chebeskov, who made a series of comments on the upcoming rules for the market during the country’s “First Political Crypto…
