None
EN
Russia approves Bitcoin, Ethereum, USDT for cross-border use, excludes XRP
['Estefano Gomez']
Crypto Briefing
Russia has enacted a regulatory framework allowing the use of Bitcoin, Ethereum, and USDT, while excluding XRP from the list of approved assets.
AdvertisementKey TakeawaysRussia’s regulatory framework appears to support the use of Bitcoin, Ethereum, and USDT under strict conditions, excluding XRP.
Market activity suggests this exclusion may impact XRP’s price predictions, with expectations of decreased likelihood for significant price surges in August.
XRP’s exclusion reflects a regulatory trend towards assets with established liquidity and records, potentially influencing its market positioning.
What to WatchMarkets will be closely monitoring any further regulatory developments in Russia that could impact XRP or other cryptocurrencies.