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Russia Restricts Retail Crypto Trading to BTC, ETH, and USDT

Guavy AI Editorial Team
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Russia is set to restrict retail crypto trading to three major assets: Bitcoin, Ethereum, and USDT. This move aims to simplify regulations for investors and improve oversight of the market.

The new rules will impose an annual purchase limit of 300,000 rubles (approximately $3,600) per intermediary for non-qualified investors. In contrast, qualified investors will not face any limits on their purchases.

This development is part of a broader effort to establish clearer guidelines for the crypto market in Russia. As the country continues to navigate its stance on cryptocurrencies, this move reflects a desire to balance investor protection with market freedom.

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