Russia passes crypto bill allowing regulated retail trading
1 min
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Russia's State Duma passed a landmark crypto bill that allows regulated retail trading. Non-qualified investors face a 300,000-ruble annual purchase limit.
The Bill
The State Duma passed a landmark crypto bill enabling regulated retail trading. Non-qualified investors face a 300,000-ruble annual purchase limit. The legislation aims to bring crypto activities under regulatory oversight.
Investor Impact
Qualified investors face no purchase cap. The bill distinguishes between qualified and non-qualified investors. It seeks to protect retail participants while allowing market growth.
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Tue 21 Jul