G20 Meeting, Revolut Delists USDT, Russia Restricts Crypto Trading

The G20 Finance Ministers and Central Bank Governors Meeting will be held in Asheville, North Carolina from August 31 to September 1. This meeting follows closely on the heels of the recent Fed symposium in Jackson Hole, Wyoming.

Another significant event scheduled for next week is the delisting of USDT by Revolut, a digital bank and fintech platform, which will occur after August 31. The move suggests that European compliance is tightening.

In other news, Russia's central bank has announced restrictions on retail cryptocurrency trading starting September 1. Trading will be limited to Bitcoin, Ethereum, and USDT, with non-qualified investors facing an annual purchase limit of 300,000 rubles (approximately $3,600) through a single intermediary.