Online Exam Offer for Crypto Investors from Russia
Notable news from Russia about cryptocurrencies continues to come. Most recently, the Russian Ministry of Finance introduced a bill on Bitcoin regulation in the country, weeks after the government approved the concept of creating legislation specifically for cryptocurrencies.
“The use of digital currencies as a means of payment on the territory of the Russian Federation will continue to be prohibited,” the Ministry of Finance said in a statement. According to the proposed regulation, digital currencies are only accepted as an investment vehicle.
A Detail Attracted Attention In The Crypto Law Draft From Russia
According to a recent proposal by the Russian Ministry of Finance, citizens must successfully pass online tests before being allowed to invest in cryptocurrencies. It is stated that the purpose of the test is to ensure that citizens are informed about the risks associated with crypto investment. Should this Offer be accepted, Russians will have to take an online test before purchasing crypto.
In addition, those who pass this test will be able to purchase cryptocurrencies worth 600,000 rubles per year. Otherwise, the annual amount of crypto investment that those who fail the test can make will be limited to 50,000 rubles.