Russia’s Crypto Trading Rules Start November 17 With a 300,000-Ruble Cap

Russia’s central bank published a directive on 6 November naming the only three crypto assets that non-qualified investors may buy, and fixed a retail ceiling of 300,000 rubles per intermediary in a calendar year. The Bank of Russia’s notice says the instruction takes effect on 17 November, the day exchanges become entitled to admit bitcoin, ether and Tether’s USDT to public trading. The short list is the substance of the story.