Russia Restricts Retail Crypto Trading to Bitcoin, Ethereum, and USDT
The Bank of Russia has announced new restrictions on retail cryptocurrency trading, permitting non-qualified investors to trade only Bitcoin, Ethereum, and USDT. A purchase limit of 300,000 rubles (approximately $3,600) per year per intermediary will apply, while qualified investors will have no such limits. This move aims to regulate the growing crypto market in Russia.
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Russia picks Bitcoin, Ethereum and USDT for public trading as retail faces $58,000 cap
The Bank of Russia’s proposed gate caps non-qualified residents at ₽300,000 per broker while qualified investors retain broader access. The post Russia picks Bitcoin, Ethereum and USDT for public trading as retail faces $58,000 cap appeared first on CryptoSlate .
Russia moves to restrict retail crypto trading to bitcoin, ether and USDT
Non-qualified investors face a 300,000-ruble (approx. $3,600) annual purchase limit per intermediary, while qualified investors have no cap.