🇷🇺 THE BANK OF RUSSIA APPROVES
#BITCOIN FOR PUBLIC TRADING ON DOMESTIC EXCHANGES‼️
Russia is moving deeper into a regulated “digital asset” market structure.
According to TASS, the Bank of Russia included Bitcoin, Ethereum, and Tether in the registry of cryptocurrencies available for public trading on domestic exchanges. 👀
The regulator says assets were selected based on market capitalization, average daily trading volume, and at least five years of foreign-exchange pricing history.
The Bank of Russia also capped crypto purchases for retail, non-qualified investors at 300,000 rubles per year, or about $3,632.
Qualified investors can access a broader set of crypto assets through exchange and OTC markets.
This is another major country formalizing crypto market access while the global crypto rulebook keeps getting written. 👀
➡️ Russia is moving
➡️ Europe already moved with MiCA
➡️ Asia is moving
The U.S. is still waiting on CLARITY.
The signal is clear: Bitcoin and crypto reg...