Bank of Russia Finalizes Crypto Retail Trading Rules: Effective Nov. 17, Retail Investors Capped at 300,000 Rubles per Year

November 8 — According to Cointelegraph, the Bank of Russia has finalized rules allowing trading platforms to offer bitcoin, ether and USDT trading to retail investors, effective November 17. Non-qualified investors may buy at most 300,000 rubles (about $3,700) worth of cryptocurrency per year through each intermediary, qualified investors are not subject to the cap, and all investors must pass a mandatory test before trading. The services may be provided by brokers, asset managers and crypto trading service providers, and the Moscow Exchange plans to launch crypto trading on December 1. In addition, direct peer-to-peer crypto transactions between individuals will be banned starting July 1, 2027.

Earlier report, the Bank of Russia approved cryptocurrencies such as bitcoin, ether and USDT for retail trading.