Russia Slashes Crypto Trading Options to Three Majors

Russia is set to restrict retail crypto trading to three major assets: Bitcoin (BTC), Ether (ETH), and USDT. The move aims to regulate the market, but it may have unintended consequences for smaller players in the industry.

The restriction is part of Russia's efforts to bring clarity to its cryptocurrency regulations. According to reports, only those who trade these three assets will be allowed to buy and sell cryptocurrencies without specific licenses.

The move has been met with mixed reactions from the industry. Some experts see it as a step in the right direction, while others believe it may stifle innovation by limiting access to other digital assets.