Russia passes landmark crypto bill allowing regulated retail trading
The Block·
60-second summary
Russia's State Duma passes a landmark crypto bill, allowing regulated retail trading for qualified investors, while non-qualified investors face a 300,000-ruble annual purchase limit. This move aims to bring crypto trading under government oversight, with exchanges required to verify user identities and adhere to anti-money laundering regulations, setting a precedent for global regulatory frameworks.
Non-qualified Russian crypto investors face a 300,000-ruble annual purchase limit after Russia's State Duma passed a landmark crypto bill.