Russia’s central bank has proposed allowing Bitcoin, Ether and Tether’s USDT to trade on regulated exchanges as the country prepares to open its new crypto market framework to investors.
Summary
- Russia’s central bank has proposed allowing Bitcoin, Ether and USDT to trade on regulated exchanges under the country’s new crypto rules.
- Non qualified investors would be limited to 300,000 rubles in annual crypto purchases through each intermediary and must pass a risk knowledge test.
- Qualified investors would face no purchase limits for crypto traded on exchanges or over the counter markets, although testing requirements would still apply.
- The proposal follows Russia’s…
