The Bank of Russia has opened a new domestic testing route for individuals seeking qualified investor status, a change that could let more Russians access higher cryptocurrency purchase limits under the country’s new regulated market framework.
Summary
- Russia will allow investors to gain qualified status by passing an approved financial knowledge test.
- The new qualification route takes effect on Aug. 31 and accepts certificates from approved Russian institutions.
- Qualified retail investors can access crypto purchase limits ten times higher than those for non-qualified investors.
The Bank of Russia said individuals will be able to qualify by passing a special…
