Russian finance ministry, central bank weigh crypto trading pilot for top-tier investors
https://crypto.news/russian-finance-ministry-central-bank-weigh-crypto-trading-pilot-for-top-tier-investors/What kind of news is this?
From the news only top-tier investors, with a $250,000 minimum asset holding will be allowed. It is also an experiment which may not take more than 5 years.
Ministry of Finance and the Bank of Russia are negotiating about it.
When Russians are busy trading cryptocurrencies. This could only mean they have been missing the tax they supposed to have earned. I hope they will begin the experiment and see how positive it will become.
You should learn to read Russian news. If you see the words ‘exploring the idea’ ‘leading talks’ then read it as blah blah blah.
We have been hearing this news for the last many years, and the Ministry of Finance and the Central Bank of Russia still can't agree. And don't ask me why the Central Bank is not subordinate to the Ministry of Finance. Probably so that they can argue among themselves for a long time
