Russia Introduces Strict Crypto Trading Regulations

Russia has implemented a new framework for regulating cryptocurrency trading, with a focus on enhancing transparency and minimizing risks for small investors.

The regulations, approved by the Ministry of Finance, require all transactions to pass through licensed intermediaries, such as exchanges and brokers. This move aims to improve market control and reduce illicit activities in the digital asset space.

Retail investors will be restricted to purchasing a limited selection of digital currencies through authorized platforms, with an annual limit of 300,000 rubles (approximately $3,700 USD). Qualified investors, however, will not face such restrictions.