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Russia Expands Regulated Crypto Access as Banks Prepare New Services

· Coinpedia

The post Russia Expands Regulated Crypto Access as Banks Prepare New Services appeared first on Coinpedia Fintech News

Russia’s new crypto rules took effect on September 1, allowing qualified and non-qualified investors to trade through regulated intermediaries. Major banks are preparing infrastructure, while the Bank of Russia has proposed limiting banks’ crypto-related risk to 1% of their capital. Non-qualified investors face annual purchase limits, while crypto payments inside Russia remain prohibited. Banks will …