Russians will require online testing for citizens before they can trade crypto, according to a bill proposed by the Russian Finance Ministry. The bill, which outlines regulatory framework for exchanges and investors, will require citizens to pass a test before they can trade large amounts of crypto, the Finance Ministry said in a press release.
Citizens will be tested on their level of knowledge about the specifics of investments in digital currencies, as well as their awareness of possible risks.
If citizens pass the test, they can purchase digital currencies up to 600 thousand rubles ($7500) annually. If not, then the maximum amount of investment will be limited to 50 thousand rubles ($600). Qualified investors and legal entities will make transactions without restrictions, the ministry said.
The requirement is a part of the ministry’s bid to protect investor rights, amid a growing number of scams and risk in the crypto space. Another feature of the bill is the creation of a
We współpracy z: https://coingape.com/russians-online-test-crypto-trading/
