Russia Unveils Regulated Crypto Exchange with Bitcoin, Ethereum, and Tether
Russia has launched a regulated cryptocurrency exchange featuring Bitcoin (BTC), Ethereum (ETH), and Tether (USDT) for public access. The central bank chose these digital assets based on criteria including liquidity metrics, market capitalization, trading activity, and historical price data.
Bitcoin secured top position in Russia's approved cryptocurrency roster by satisfying the central bank's stringent liquidity and operational history criteria. It must demonstrate substantial market capitalization, consistent daily trading volumes, and a minimum five-year foreign exchange pricing record.
Retail investors will encounter a 300,000-ruble yearly acquisition threshold through each authorized intermediary platform. They must also successfully complete a competency assessment before purchasing Bitcoin via licensed exchanges or broker services.