Russia's new central bank rules take effect October 5, allowing crypto exchanges to apply for registration, but retail trading eligibility for Bitcoin and other assets remains unfinalized
The Bank of Russia's new admission rules for crypto exchange operators and digital depositories will enable firms to submit applications for official registration starting October 5. While this provides a pathway into the regulated crypto market, each applicant still requires a separate regulatory decision. Furthermore, the eligibility of assets like Bitcoin, Ethereum, and Tether's USDT for non-qualified retail investors is still under a separate draft directive and is not finalized by these October rules.
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