Russia May Drop ‘Superqual’ Rule to Open Crypto to More Investors
TLDR
- Russia may drop top-tier rule limiting legal crypto to ultra-wealthy.
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Regulators aim to ease access and grow the domestic crypto market.
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Ministry of Finance and Central Bank now agree on most crypto issues.
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Crypto may gain traction in Russia amid inflation and payment shifts.
Russia’s Ministry of Finance is working to simplify crypto investor qualification rules by abandoning the “superqual” classification, a policy once central to its legal crypto pilot framework. The decision, shared through national media and official statements, comes as part of broader efforts to bring more participants into the country’s regulated digital asset markets.
The previous plan limited access to a small number of wealthy…
