Key Highlights: The Central Bank of Russia has approved Bitcoin (BTC), Ethereum (ETH), and Tether (USDT) for retail trading by unqualified investors. Beginning November 17, Russian non-qualified market participants can trade these assets across exchanges and over-the-counter (OTC) platforms. Retail participants will face an annual investment ceiling of 300,000 rubles (roughly $3,600) per intermediary. Bank ...
Key Highlights The Central Bank of Russia has implemented new oversight measures, establishing professional qualifications and eligibility standards for board members and senior executives at crypto firms. Operating digital asset companies are not automatically registered; they must submit documentation through an application and verification process launched on October 5. The regulatory rollout does not grant ...
Sberbank, Russia’s largest financial institution, is preparing to launch a lending product that would accept Bitcoin ($BTC), Ethereum ($ETH), and Tether ($USDT) as eligible collateral….