Russia moves to limit regulated retail crypto trading primarily to Bitcoin (BTC), Ethereum (ETH) and Tether (USDT), with strict annual caps for non-professional investors.
Russia’s new rules allow unqualified investors to buy only BTC, ETH and USDT on regulated platforms, with an annual limit of approximately 300,000 rubles per intermediary.
Qualified investors retain broad access, while altcoins and other stablecoins are, in practice, pushed toward OTC markets or offshore platforms, and crypto payments in Russia remain prohibited.
Key variables include how strictly those caps will be enforced, whether the token whitelist will be expanded, and how much activity volume will migrate to unregulated channels or foreign platforms.
Russia’s new rules allow unqualified investors to buy only BTC, ETH and USDT on regulated platforms, with an annual limit of approximately 300,000 rubles per intermediary.
Qualified investors retain broad access, while altcoins and other stablecoins are, in practice, pushed toward OTC markets or offshore platforms, and crypto payments in Russia remain prohibited.
Key variables include how strictly those caps will be enforced, whether the token whitelist will be expanded, and how much activity volume will migrate to unregulated channels or foreign platforms.