Russia Restricts Crypto Trading Under New Regulations

Russia Backs Regulated Crypto Market with Retail Caps

Russia’s Finance Ministry said that the government approved a package of draft laws to legalize the circulation of digital currencies and digital rights in Russia. According to the ministry, the framework would channel crypto operations through licensed digital depositaries, digital-currency exchange operators and existing professional market participants, including banks and brokers subject to special prudential requirements. The official summa…

Crypto Traders Beware: Russia’s New “Regulated Only” Regime Could Cut You Off From Global Liquidity

Russia’s government has just approved a package of crypto regulation bills that make trading through regulated intermediaries the only legal route, highly limiting off retail access. An Authoritarian Crypto Restriction? On Monday, the Russian Ministry of Finance said in a press release that Moscow had greenlit a bundle of draft laws to legalize the circulation of digital currencies and digital rights inside Russia. Retail “non‑qualified” investo…

Russia moves to narrow crypto trading to regulated intermediaries

Russia approved a draft crypto bill package that would push trading through licensed intermediaries and cap retail purchases at $3,700 annually.

Moscow greenlights draft laws for caps on crypto investments

The executive power in Russia has approved a cap on coin purchases for ordinary citizens as part of new legislation legalizing crypto investment and trading. The upcoming rules are also reducing the assets that non-professional investors can buy to only the most liquid cryptocurrencies pre-approved by the central bank. Moscow caps crypto investments for most Russians The federal government of Russia has approved a package of bills designed to re…

Russia clears draft laws to tighten crypto trading and limit retail participation

The Russian government has approved a package of draft bills that would channel domestic crypto trading to licensed intermediaries while limiting retail access. According to an announcement from the Finance Ministry, the Russian government has approved a set of draft…

Russia Restricts Crypto Trading Under New Regulations

Russia approves new bills tightening oversight of crypto, requiring licensed intermediaries for trading and limiting retail purchases to $3,700 per year.