Bank of Russia Clears Bitcoin, Ether and USDT Rules for Nov. 17
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The Bank of Russia has approved rules allowing non-qualified investors to trade bitcoin, ether and USDT starting Nov. 17, subject to suitability testing and a 300,000-ruble annual purchase cap per intermediary. The framework clears the way for the Moscow Exchange to target a Dec. 1 rollout of crypto trading. The move matters because it brings retail crypto access under formal central bank oversight for the first time, with purchase limits designed to contain risk. Watch for the exchange's launch timeline and whether the cap and testing requirements are adjusted as adoption grows.
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Bank of Russia, Moscow Exchange, USDT, Bitcoin (BTC), Ether (ETH)
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