Episode Details

Russia’s central bank is rolling out limited crypto trading for regular investors starting September 1, allowing Bitcoin, Ether, and Tether on official exchanges—but with a strict cap of 360,000 rubles per broker annually. While this marks a major regulatory step after July’s legislation, only Tether’s stablecoin is initially available for retail use, and crypto payments remain banned. Crucially, the limit applies per intermediary, not overall—so savvy investors can spread purchases across platforms to hit higher totals. Qualified investors face no caps. It’s a cautious opening: access granted, but tightly controlled, signaling Russia’s balancing act between embracing digital assets and protecting its citizens.

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