In the shadow of the Kremlin’s spires, the Bank of Russia whispers a new decree, allowing both the savvy and the naive to dance with the digital ruble’s ghostly twin-cryptocurrency. 🕵️♂️✨
The Bank of Russia, with a flourish of bureaucratic quills, has proclaimed a draft regulatory concept for the Russian cryptocurrency bazaar. This manifesto, now in the hands of the government for legislative scrutiny, permits both the qualified and the non-qualified to partake in the digital feast. Yet, the latter are shackled by a meager 300,000 roubles ($3830) per annum, after a trial by fire-or rather, a risk-awareness test. The former, however, may roam free, trading all but the anonymous tokens, those shadowy figures whose smart contracts conceal their secrets. 🕶️🔍
This framework, a tapestry of rules and restrictions, anoints digital currencies and stablecoins as “currency values,” fit for buying and selling but forbidden from domestic payments. It demands licenses from exchanges, brokers, and custodians, and imposes reporting duties on cross-border crypto escapades. The legal foundation is to be cemented by 1 July 2026, with the hammer of enforcement falling on illegal intermediaries a year later. 📜⚖️
🧭 FAQs
• What chains bind the non-qualified investor? A mere 300,000 roubles ($3830) per year, per intermediary, after the test of trials. 💍
• When shall this regulatory phoenix rise? By 1 July 2026, the legal eagle shall take flight. 🦅
• Which crypto spirits are banished from the qualified investor’s realm? The anonymous tokens, whose smart contracts cloak their recipients in mystery. 👻
• What tales must be told of cross-border crypto journeys? Residents must sing their purchases to the tax authorities, lest they wander abroad or transfer crypto overseas. 🎤📜
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2025-12-24 14:02