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Russia Legalises Retail Crypto — Inside a Fence
Russia Opens Bitcoin, Ether and USDT to Retail on 17 November — With a Yearly Cap and No Exit to Your Own Wallet
Russia’s central bank finalised rules allowing exchanges to offer bitcoin, ether and USDT to retail investors from 17 November, per Cointelegraph — non-qualified investors capped at 300,000 rubles (~$3,700) a year per intermediary, qualified investors uncapped, and all required to pass a test. Transfers from regulated accounts to self-custody wallets are banned. Moscow Exchange plans pilot trading of the three assets from 1 December.
6 sources
- Russia’s Central Bank Approves Bitcoin, Ethereum Trading For Retail Investors · coingape.com · T2
- TASS-RU: The Central Bank has determined a list of cryptocurrencies for unqualified investors · tass.ru · T2
- Russia finalizes crypto trading rules ahead of Nov. 17 rollout · cointelegraph.com · T1
- Russia’s Crypto Trading Rules Start November 17 With a 300,000-Ruble Cap · blockchainreporter.net · T2
- Bank of Russia Clears Bitcoin, Ether and USDT Rules for Nov. 17 · thedefiant.io · T2
- Russia Has Announced Three Cryptocurrencies in Which Non-Accredited Investors Can Invest · en.bitcoinsistemi.com · T2