Russia’s Finance Ministry considers simplifying crypto investor requirements

Key Takeaways

  • Russian regulators may drop the proposed “superqual” status for crypto investors.
  • Deputy Finance Minister Ivan said the designation was part of early discussions but is no longer central to the regulatory framework.

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Russia’s Ministry of Finance and the Central Bank are reconsidering their earlier plan to introduce “superquals,” a special top-tier investor category for crypto investments, TASS reported Tuesday.

“Superquals” are Russia’s…

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