Russia passes crypto bill allowing regulated retail trading
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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.
What's Next
The bill now moves to the Federation Council for approval. It remains unclear when the law will take effect and how enforcement will be implemented.
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Russia passes crypto bill allowing regulated retail trading
