Bank of Russia permits non-qualified investors to trade Bitcoin, Ethereum, and USDT under strict limits starting this month.
Russia’s central bank unveiled rules allowing non-qualified investors to trade cryptocurrencies through brokers, capped at 300,000 rubles annually. The draft directive, published August 11, restricts purchases to Bitcoin, Ethereum, and Tether’s USDT for public exchange trading.
Qualified investors face no such limits, but all participants must pass a risk assessment. The central bank cited liquidity and track record as criteria for the approved tokens, aligning with a new federal law on digital currencies.
The move marks Russia’s first regulatory framework for retail crypto trading, though the annual cap limits exposure for ordinary investors.