Russia Proposes $3,645 Annual Crypto Purchase Cap for Retail Investors

TLDR: The Bank of Russia proposes a 300,000 ruble ($3,645) annual crypto cap per intermediary. Unqualified investors limited to Bitcoin, Ethereum, and Tether USDT under draft rules. Qualified investors face no purchase limit on exchange or OTC crypto trading. Public consultation on the draft crypto rules remains open until August 24.   Russia Crypto Purchase [...]

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