Russia’s central bank proposes new rules restricting retail cryptocurrency trading to bitcoin, ether, and Tether’s USDT stablecoin. The proposals are published as draft regulations by the Bank of Russia and are aimed at non-qualified retail investors.
Under the draft framework, non-qualified investors would face an annual purchase limit of 300,000 rubles (about $3,600) per intermediary. Both outlets describe that qualified investors would not face the same purchase cap, indicating different treatment based on investor classification. The proposed approach also limits the range of approved cryptocurrencies for retail trading, rather than allowing access to broader crypto markets.
The coverage largely aligns on what the rules would permit and the size of the annual cap, with both citing the Bank of Russia’s publication of the proposed regulations and the specific three assets allowed.
