Russian regulators are taking steps to broaden access to the country’s cryptocurrency market, easing restrictions that currently limit participation to a select group of investors. Deputy Finance Minister Ivan Chebeskov revealed plans for a tiered system, aiming to open access to more investors. Under the proposed model, individuals will be categorized based on their financial standing. Currently, only those with substantial bank deposits and high incomes qualify as ‘highly qualified’ investors. Chebeskov highlighted that regulators have reached a consensus on relaxing these stringent requirements, with future regulations differentiating investor tiers for non-qualified, qualified, and highly qualified investors.