Russia Clears Trading of BTC, ETH, and USDT, Keeps XRP Out
Russia has taken a significant step in its crypto regulatory framework by approving the trading of Bitcoin (Bitcoin), Ethereum, and USDT.
According to reports, this move will allow Russian traders to buy and sell these three digital assets on domestic exchanges, marking a major development for the country's cryptocurrency market.
The approval comes after months of deliberation by Russian authorities, who have been weighing the pros and cons of regulating crypto trading within their borders. This decision is seen as a key milestone in Russia's efforts to establish itself as a major player in the global crypto landscape.
Russia has not approved trading of XRP, however, leaving its fate uncertain for now.