Russia’s Crypto Crackdown: Say Goodbye to Your Moon Dreams!

On a rather gloomy Monday, the Russian Ministry of Finance (those jolly old bean counters) announced with great fanfare that Moscow had given the nod to a bundle of draft laws. These laws, my dear readers, are designed to legalize the circulation of digital currencies and digital rights within Russia. But fear not, for they come with a delightful twist: retail “non-qualified” investors (that’s you, average Joe) are now shackled with an annual purchase limit of about ₽300,000 (a measly $3,700) per broker. And oh, the joy doesn’t end there! You can only dabble in a narrow list of high-liquidity coins, handpicked by the central bank. How utterly thrilling!




