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While Kryptos shook traditional financial systems, Russia will decide on a paradoxical journey. The central bank proposes to open exchange to qualified investors while maintaining a careful distance. Would it be a maneuver that resembled a balance between control and innovations, but would hide a more restrictive strategy?
Crypto: experience reserved for elite
Putin will not follow Trump’s example. The Russian Central Bank introduced a bold project: authorize “qualified” investors for trader Cryptos for three years.
Only persons with more than 100 million rubles ($ 11.5 million) or generated 50 million annual income can participate. The threshold that, according to local estimates, immediately excludes 99 % of the population.
This selection applies. This officially includes the protection of individuals from the volatile risk of cryptos.
However, this argument badly masks reality: Moscow is trying to direct financial innovations without awakening folk enthusiasm. By focusing on ultra -rich and approved societies, the Kremlin limits access to the sphere, which he perceives as the threat as an opportunity.
However, experience is not a simple warranty. Its aim is to structure an opaque market by setting standards on local platforms.
Financial organizations will have to meet strict requirements and strengthen transactions. The way of domestication of crypto without providing legal legitimacy. Because we remember: cryptocurrencies remain prohibited as a means of payment.
Underside of ambiguous strategies
In the shadow of this experiment, the less accepted goal is approaching: to control financial flows during the period of international sanctions. By supervising the exchange of Kryptos, Moscow could partially circumvent economic restrictions and at the same time avoided capital flight. Hypothesis reinforced by timing-three years, which corresponds to the test phase to assess the geopolitical impacts.
However, this control approach is not without contradictions. On the one hand, the central bank promises “investment opportunities for those ready to risk”. On the other hand, it maintains alarm discourse about the dangers of digital assets. A double language that reflects internal tension between economic modernization and monetary conservatism.
Finally, this initiative is part of the global trend: “regulatory quarantine”, these controlled areas where to test innovations. Only, unlike the EU or Singapore, Russia adds geostrategic dimension. By structuring the market crypto, the emergence of a parallel system can prepare less dependent on the dollar than Robert Kiyosaki considers fraud. The ambition to explain why only the most influential actors are invited to the table.
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Evariste, fascinated by Bitcoin since 2017, has not stopped documenting on this topic. If his first interest focused on trading, he now tries to actively understand all cryptocurrency progress. As an editor, he tries to permanently provide high quality work that reflects the condition of the sector as a whole.
Renunciation
The words and opinions expressed in this article are involved only by their author and should not be considered investment counseling. Do your own research before any investment decision.