Russia finalizes crypto trading rules ahead of Nov. 17 rollout

Russia is finalizing its regulatory framework for cryptocurrency trading, with new rules scheduled to take effect on November 17th. These regulations will permit retail investors to engage in trading of major cryptocurrencies such as Bitcoin, Ethereum, and USDT, provided they utilize regulated intermediaries. This move indicates a growing acceptance and integration of digital assets within the Russian financial landscape. Further underscoring this trend, the Moscow Exchange has announced plans to launch its own cryptocurrency trading platform in December. This dual approach of regulatory clarity and exchange-based trading aims to provide a more structured and secure environment for crypto participation.