Bank of Russia Crypto Asset Trading Rules to Take Effect on November 17

深潮 TechFlow, November 7: According to a Bank of Russia announcement, the central bank has determined that the crypto assets eligible for purchase by non-qualified investors include Bitcoin, Ethereum, and USDT. The relevant rules will take effect on November 17, at which point exchanges may allow these assets to be traded publicly.

Non-qualified investors may purchase through brokers, asset management institutions, or crypto exchange institutions, both on-exchange and over-the-counter, with an annual purchase limit of RUB 300,000 per intermediary. Qualified investors are not subject to purchase limits for crypto assets; all investors must pass a test and understand investment risks before trading.

Source: 深潮 TechFlow