Crypto: Bank of Russia opens bitcoin, ether and USDT to retail investors
Original headlineCrypto : la Banque de Russie ouvre bitcoin, ether et USDT aux particuliers
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Russia’s central bank will allow retail investors to buy bitcoin, ether and USDT starting November 17, capped at 300,000 rubles per year per intermediary. The move marks a shift from the Bank of Russia’s long-standing skepticism toward crypto, opening the market to individual buyers under strict limits. It matters because Russia had largely confined crypto trading to qualified investors, so the change could broaden domestic demand for BTC, ETH and the dollar-pegged USDT. Watch for uptake among Russian retail users and whether the annual cap or intermediary rules are adjusted as the bank gauges demand.
Muhabbit's AI wrote this summary in its own words from Journal du Coin's report and translated it from French. It can get details wrong, so check the source.
Named in this story
Bank of Russia, USDT, Bitcoin (BTC), Ether (ETH), Russia
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