The Ministry of Finance of Russia proposes to limit the size of investment in cryptocurrencies 50 000 rubles – Bits Media

The Ministry of Finance of the Russian Federation advocates regulation and against the ban on cryptocurrencies. However, the department proposes to limit investments in digital assets 50 000 rubles for unskilled investors.

According to Forbes publication with reference to the Deputy Minister of Finance Alexei Moiseeva, The proposed restriction should protect inexperienced traders. Besides, The agency proposes to tighten the requirements for obtaining the status of a qualified investor in the field of cryptocurrencies.

Now, for the status of a qualified investor in financial markets in Russia, it is necessary to satisfy one of several requirements. for instance, own 6 million rubles on investment account, or conduct transactions with securities for the same amount for the last four quarters. People are also considered qualified investors, received a specialized education, working in financial companies or received a certificate of a financial market specialist.

but, As Moiseev emphasized, For the status of a qualified investor in the cryptocurrency market, it will not be enough just to own 6 million rubles. The official did not tell, how exactly it is planned to tighten the requirements for obtaining such a status. But he said, What today, 15 february, A meeting of the Minister of Finance Anton Siluanov will be held, Deputy Prime Minister Dmitry Grigorenko and head of the Central Bank Elvira Nabiullina on cryptocurrency regulation issues.

Recall, that earlier the Ministry of Finance of the Russian Federation presented a concept to regulate cryptocurrencies, which, According to the department, completely takes into account all the risks, listed in the Bank of Russia report on the ban on digital assets. The Central Bank of the Russian Federation continues to criticize the position of the Ministry of Finance.