Russia Caps Crypto Buying at 300,000 Rubles for Retail Investors Under New Rules

1 month ago 21

Rommie Analytics

Key Takeaways:

  • Russia offers non-qualified investors a limit of purchasing up to 300,000 rubles worth of crypto per year via intermediaries.
  • Bitcoin, Ethereum, and Tether’s USDT are the first assets available for public exchange trading.
  • All investors are required to complete a crypto risk test before making any transactions, and qualified investors will not have caps on their purchases.