Russia finalizes crypto trading rules ahead of Nov. 17 rollout

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The Russian central bank has finalized rules allowing regulated platforms to offer Bitcoin, Ether, and Tether to retail investors starting Nov. 17. Non-qualified investors will be able to purchase up to 300,000 rubles, or about $3,700, in crypto per year through each intermediary, while qualified investors will face no annual purchase limit. All investors will still have to pass a mandatory test before trading. The Moscow Exchange plans to launch trading in the three assets on Dec. 1 through pilot transactions. At the same time, Russia will prohibit direct peer-to-peer crypto trading from July 1, 2027, and continues to ban the use of crypto to pay for goods and services.

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Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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