The Russian Central Bank relaxes the criteria for qualified investors and clarifies the limit for non qualified investors to purchase cryptocurrencies

According to a report by The New York Times on August 23, Trump's economic and trade policies have raised concerns among some Republicans. Ashley Hinson opposes Trump's plan to lower tariffs on up to 300000 tons of imported beef, Chuck Grassley、 Two senators from Nebraska and Tim Sheehy both expressed opposition. The Trump administration has imposed a 50% tariff on some Canadian goods, Susan Collins urged Trump to lift the tariffs, and Mike Pence warned that the United States does not need to engage in a trade war with Canada. Greg Abbott stated that the American people hope for a decrease in prices, while Tim Scott emphasized the policy differences between the Republican and Democratic parties. Economy, prices, and the economic policies of the Trump administration have become important issues in the 2026 midterm elections, putting political pressure on Republican candidates in swing states such as Iowa and Maine.

According to Bitcoin.com News, the Russian Central Bank announced that individuals who pass the Financial and Banking Knowledge Test and obtain the Qualifin Certificate issued by the National Finance Association (NFA) or the Moscow Exchange (MOEX) Investor Certificate can be recognized as qualified investors. The new regulations will come into effect on August 31st. The annual limit for non qualified investors to purchase cryptocurrency through a single licensed intermediary is 300000 rubles (approximately $3800), while the limit for qualified investors is 3 million rubles (approximately $38000). Mikhail Mamuta, Deputy Governor of the Russian Central Bank, stated that the focus of the test is to enhance investors' financial knowledge, enabling them to understand and manage related risks before trading complex instruments.

Tether CEO Paolo Ardoino stated that multiple developing economies are highly dependent on USDT for domestic and international trade. （Cointelegraph）

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US Treasury Secretary Besson announced that the United States will launch the largest financial offensive in history against Iran tomorrow. （Watcher.Guru）