Russia finalizing crypto trading rules ahead of Nov. 17 rollout signals imminent regulatory catalyst.
Context
What happened: Russia's central bank finalized rules letting exchanges offer BTC, ETH and USDT to retail investors starting Nov. 17, with the Moscow Exchange planning crypto trading in December.
Key numbers: Non-qualified investors can buy up to 300,000 rubles (around $3,700) annually per intermediary. The law took effect Sept. 1.
Why it matters: The rules open regulated crypto access through brokers and exchanges under central bank oversight, while restricting transactions outside those channels, including self-custody transfers and crypto payments.
What changed
Russia's central bank finalized rules letting exchanges offer BTC, ETH and USDT to retail investors starting Nov. 17, with the Moscow Exchange planning crypto trading in December.
Why it matters
The rules open regulated crypto access through brokers and exchanges under central bank oversight, while restricting transactions outside those channels, including self-custody transfers and crypto payments.