The Bank of Russia approved Bitcoin, Ether, and USDT as the only cryptocurrencies non-qualified investors can trade on domestic exchanges, under an ordinance that takes effect Nov. 17.

Non-qualified investors face a 300,000-ruble (about $3,700) annual cap per intermediary, while qualified investors face no limit, and every investor must pass a test first.

The move finalizes a framework the central bank first proposed in August, as Sberbank and Moscow Exchange both prepare Dec. 1 crypto launches.