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Bank of Russia approves crypto trading starting Nov. 17

Bank of Russia approves crypto trading starting Nov. 17

00:00 Speaker A

Bank of Russia sets November 17th, uh, which also happens to be my 50th birthday.

00:04 Speaker A

Thanks Russia. Start for crypto trading rules with 300,000 ruble cap.

00:11 Speaker A

Bank of Russia crypto trading rules take effect November 17th, capping retail purchase of 300,000 rubles per intermediary and requiring investor testing.

00:20 Speaker A

So, they’ve approved, the Bank of Russia has approved Bitcoin, Ether and USDT for non-accredited investors. There’s a test that you can take, or if you are an accredited investor, you have a larger cap.

00:32 Speaker A

So we’ve got three approved tokens but a homework assignment before you can buy any of them.

00:37 …

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