news

bitcoin

1 X bitcoin bitcoin =

Friday

23 October 2020

Unqualified investors can buy up to $8K of crypto, says Bank of Russia

Unqualified investors can buy up to $8K of crypto, says Bank of Russia


smart summary beta

“Individuals representing unqualified investors will have a limit on the amount of digital financial assets for annual purchase at a total of 600 thousand rubles.

The limit for the acquisition of digital rights for unqualified investors who hold both digital financial assets and other digital rights is set at 600 thousand rubles for digital financial assets and 600 thousand rubles for other digital rights.”.

In accordance with the DFA law, the bank “has the right to determine features of digital financial assets whose acquisition can be only made by an individual who is a qualified investor.” Officially passed into law in July 2020, the DFA does not include information on limits on the amount of crypto purchases by qualified or unqualified investors in Russia

Goto Full Article

bitcoin bitcoin price

$9106.76

24h

Live Average

bitcoin

News Article Sentiment

negative

Score (-0.2)

Article Metadata

author

site

cointelegraph.com

categories

Market data feeds provided by cryptocompare.com
bitsmart 2018