Russia’s Central Bank Clears Exchange to Open Bitcoin and Crypto Trading on Nov. 22
By Micah Zimmerman
AI summary of the source article
The Bank of Russia announced that exchanges may begin organized cryptocurrency trading on Nov. 22 once their trading rules are approved. Qualified investors face no purchase caps, while non-qualified investors are capped at 300,000 rubles annually.
Key facts
- Exchanges may start crypto trading on Nov. 22 after securing central bank approval for their trading rules.
- Non-qualified investors can buy bitcoin, ether, and USDT up to 300,000 rubles annually, while qualified investors have no purchase cap.
- Moscow Exchange plans to offer bitcoin, ether, and USDT trading starting Dec. 1 on its existing stock-market systems.
Source excerpt · Bitcoin Magazine
Bitcoin Magazine Russia’s Central Bank Clears Exchange to Open Bitcoin and Crypto Trading on Nov. 22 A Bank of Russia ordinance published Wednesday lets exchanges start organized crypto trading on Nov. 22, but only after the central bank approves their rules. Moscow Exchange still aims for Dec. 1. This post Russia’s Central Bank Clears Exchange to Open Bitcoin and Crypto Trading on Nov. 22 first a…