Russia Central Bank Sets Final List of Permitted Cryptocurrencies

Russia's central bank has announced the final list of cryptocurrencies that will be permitted under upcoming regulations. According to Deputy Governor Vladimir Chistyukhin, only Bitcoin, Ethereum, and USDT will be allowed for non-qualified investors when new rules take effect next month.

The decision was made due to concerns about crypto's high volatility, market risks, and the potential for stablecoin restrictions or freezes. The central bank intends to gradually evaluate additional cryptocurrencies for inclusion in the regulated market.