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Russian Central Bank: Retail investors can trade $BTC $ETH $USDT Russia is opening a door to cryptocurrency, but the gap is narrow. According to an article by bits.media, the recent draft consultation published by the Russian Central Bank states that ordinary investors will only be able to trade three crypto assets for the time being: Bitcoin, Ethereum, and USDT. Within a single broker, crypto exchange, or asset management institution, the annual purchase limit per person cannot exceed 300,000 rubles, and a risk test must be passed before trading. Some trading restrictions are seen here: the market capitalization must be large enough, the average daily trading volume must be high enough, and there must be at least five years of price history in overseas markets. However, professional investors face relatively relaxed restrictions; they can trade other cryptocurrencies without purchase limits but must complete compliance requirements. This plan does not represent a full liberalization of crypto trading in Russia but aims to gradually bring funds that were previously in the gray area into licensed institutions and regulated accounts. The related system is expected to be implemented from September 1, and the Moscow Exchange has also begun preparing its own crypto asset custody institution. More notably, the Russian Central Bank ultimately included USDT, a US dollar stablecoin issued by an American company, alongside BTC and ETH in the initial list, indicating that regulators prioritize liquidity scale when faced with demand. This time, Russia has not fully accepted the crypto community because, for most altcoins, the door to the compliant market remains firmly closed!