Russia Approves Bitcoin, Ethereum, and USDT for Public Trading

Russia has officially approved Bitcoin, Ethereum, and the Tether stablecoin for public trading on exchanges under new rules from the central bank. This fresh framework allows both everyday retail traders and qualified investors to buy and sell digital assets through regulated intermediaries, though non qualified traders will face extra restrictions. The move follows recent legislation signed by President Vladimir Putin that sets up clear rules for crypto circulation, exchange trading, and digital asset depositories.

The central bank chose Bitcoin, Ethereum, and Tether for the initial rollout because of their high liquidity and strong market presence. Qualified investors will eventually get access to a wider range of digital assets under the broader regulatory setup. This shift marks a massive policy change for the country, which previously rejected digital currencies and treated them with strict skepticism.

Private banks in the region are already starting to offer crypto services as the country positions itself as a major digital asset market in Eastern Europe. Traders should watch how local exchanges implement these new rules and whether the regulatory framework attracts fresh institutional volume from the region in the coming weeks.