PANews|Jun 08, 2026 01:18
[The Russian Central Bank Initially Allows Retail Investors to Trade Only Bitcoin, Ethereum, and USDT]
According to Crypto Briefing, the Russian Central Bank has rejected proposals to immediately expand access to cryptocurrencies, prohibiting non-qualified investors from trading cryptocurrencies other than Bitcoin, Ethereum, and USDT. Deputy Governor Vladimir Chistyukhin stated that after the new regulations take effect, only these three mainstream digital currencies will be permitted for trading. Chistyukhin noted that the high volatility of cryptocurrencies, market risks, and the potential for stablecoins to be restricted or frozen are the reasons for maintaining strict limits. These rules are part of Russia's digital currency legislation, which passed its first reading in the State Duma in April with overwhelming support and is expected to take effect next month. Regulators also intend to keep the proposed investment cap of 300,000 rubles unchanged.
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