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Russia passes crypto bill allowing regulated retail trading

The law sets a 300,000-ruble annual purchase limit for non-qualified Russian crypto investors.

Reported · Written up by our desk · Regulation

Russia’s State Duma has passed a new crypto bill that would permit regulated retail trading, according to The Block.

The measure applies to non-qualified Russian crypto investors, who would face a 300,000-ruble annual limit on crypto purchases.

The bill is described as landmark legislation that moves retail access into a regulated framework.

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Sources

The BlockRussia passes landmark crypto bill allowing regulated retail trading

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