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12:12
Russia Plans to Remove High Qualification Restrictions for Crypto Investments
Russian banks are drafting new cryptocurrency regulatory proposals, planning to remove the current restriction that only "highly qualified" investors can participate in the crypto market. They intend to establish a tiered access mechanism to expand the range of legitimate investors. Under current regulations, individual investors must have at least 100 million rubles in bank deposits and securities, and an annual income exceeding 50 million rubles in the past year to obtain "highly qualified" certification.
12:12
About 1 hour ago, 93,793 FLOKS were deposited into a CEX, worth approximately $540,000.
According to Odaily, Arkham monitoring shows that in the past 30 minutes, 93,793 FLOKS have been deposited into CEX, worth approximately $540,000. Another wallet currently holds FOLKS tokens worth about $720,000, and these tokens may also be deposited into CEX.
12:12
TurboFlow launches points incentive program, with future platform token airdrops to be fully open to the community
BlockBeats News, December 23, the on-chain contract trading platform TurboFlow officially announced the launch of its points incentive program, which will serve as an important credential to measure user community engagement and will be directly linked to future platform token airdrop allocations. TurboFlow stated that the purpose of launching the points program is to reward community members who genuinely participate and actively contribute. Through points, users will not only be eligible for future platform token airdrops, but will also enjoy multiple benefits including exclusive services and community governance rights. In terms of the points calculation mechanism, TurboFlow adopts a dynamic weighting model covering two main dimensions: trading and growth. Among them, inviting new users and driving community growth carry higher weights to encourage more community participation in platform development. The platform also emphasized that the specific weights and parameters for points calculation will remain undisclosed to prevent malicious manipulation and ensure fairness. As part of the community feedback program, TurboFlow will retrospectively reward historical users who have previously conducted transactions on the platform, as well as current active users, with points. Starting today, all eligible users need to visit the official TurboFlow points page to proactively claim their initial points, in recognition of early supporters' contributions to ecosystem development. Users can unlock points once their valid trading volume exceeds $10,000. Points in accounts that have not been unlocked will disappear after one month. TurboFlow is built on an independent Layer1 architecture, offering excellent liquidity depth and an outstanding user trading experience, as well as an innovative "zero-fee" profit-sharing model. Founder Tony He is a co-founder of the Nasdaq-listed company Amber Group and has extensive experience in financial derivatives and the blockchain industry. Tony stated that TurboFlow's goal is "to make transparency the underlying logic of the system and provide retail investors with a professional, smooth, and fair trading experience."
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