Russia’s Ministry of Finance wants to open the door wider for citizens to take part in crypto trading, calling for lower entry requirements that currently limit participation to the country’s wealthiest individuals.

Russia Wants Broader Crypto Participation

Finance Ministry official Alexey Yakovlev said the government must reduce income and asset thresholds for those who want to join the Central Bank’s experimental crypto trading program, RBC and Interfax have reported.

At present, only investors with deposits and securities worth over 100 million rubles ($1.22 million) or an annual income exceeding 50 million rubles ($615,755) can take part.

Those numbers place crypto access far beyond the reach of ordinary Russians, whose average monthly salary falls between $700 and $1,200.

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