The Russian government has approved a package of draft bills that would channel domestic crypto trading to licensed intermediaries while limiting retail access.
Summary
- Russia has approved draft laws that would route domestic crypto trading through licensed intermediaries while restricting access for retail investors.
- Retail participation would be capped at 300,000 rubles per year, with eligibility tied to testing and a Bank of Russia-approved list of assets.
According to an announcement from the Finance Ministry, the Russian government has approved a set of draft laws that would formalize crypto trading in Russia by strictly requiring the use of “regulated…
