Russia's central bank has added bitcoin, ether and USDT to the list of crypto assets approved for trading on the Russian market, according to a draft guideline opened for public consultation. The regulator attributed the short list to criteria set out in new Russian legislation: high market capitalization, high average daily trading volume, and a pricing history of at least five years on overseas platforms. Non-professional investors may only buy those three cryptocurrencies, with an annual purchase limit of 300,000 rubles through a single intermediary. Professional investors face no such caps — they can buy any cryptocurrency offered on exchanges and over-the-counter markets, with no limit at all. Still, regardless of their status, every investor must complete a mandatory test before trading. The draft follows President Vladimir Putin's August 4 signing of the Digital Currency and Digital Rights Law, which establishes a state regulatory framework for crypto asset circulation; the new rules take effect September 1.
The Central Bank of Russia has added bitcoin, ether and USDT to the list of crypto assets approved for trading on the Russian market. The list appears in a draft guidance published for public consultation, according to Bits.media.
The central bank attributes the brevity of the list to standards set out in the newly enacted Russian law: high market capitalization, high average daily trading volume, and at least five years of pricing history on overseas platforms.
Non-professional investors are limited to those three cryptocurrencies. Under the draft guidance, they can invest up to 300,000 rubles a year through a single intermediary. Professional investors face no such constraints — they can buy any cryptocurrency offered on exchanges and over-the-counter markets, without a cap. Regardless of status, however, all investors must pass mandatory testing before trading.
President Vladimir Putin signed the Digital Currency and Digital Rights Law on August 4, establishing a state regulatory framework for the circulation of crypto assets. The rules take effect on September 1.
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