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Bank of Russia clears Bitcoin, Ethereum and Tether for public trading
['Lubomir Tassev', 'John Palmer', 'Glory Kaburu', 'Aamir Sheikh']
Cryptopolitan
The Central Bank of Russia has greenlighted Bitcoin, Ethereum, and Tether’s stablecoin for trading on licensed cryptocurrency exchanges.
The leading coin will be admitted to the regulated Russian market for digital assets as part of new purchase rules for non-professional investors.
Meanwhile, the Central Bank of Russia (CBR) published several additional regulations for various operations with cryptocurrencies, such as exchange, storage and margin trading.
The institution now said in its press release:“Based on these criteria, the Bank of Russia has included Bitcoin, Ethereum, and Tether USDT in the list of cryptocurrencies available for public trading on exchanges.”
The bank also pointed out that qualified investors will be able to acquire all cryptocurrencies traded on Russian exchanges and over-the-counter markets without restrictions.