Russia Proposes $3,645 Annual Crypto Purchase Cap for Retail Investors, Limited to BTC, ETH and USDT The Bank of Russia has proposed rules that would cap crypto purchases by non-qualified investors at 300,000 rubles, or about $3,645, per year through each broker, crypto exchange…
erator or asset manager. Eligible assets would currently be limited to BTC, ETH and USDT, based on criteria including market capitalization, average daily trading volume and at least five years of overseas price history
Qualified investors would face no purchase limit for crypto traded on exchanges or OTC markets. All investors would be required to pass a risk assessment before trading, with public consultation on the draft open until August 24. — link