Russia OKs Crypto for Global Trade But Caps Retail at $3,800

Russia's parliament has passed a major new law regulating the country's crypto market. Under the new rules, everyday retail investors will face a strict annual spending limit of 360,000 rubles, which is roughly $3,800. This means regular citizens can still dip their toes into crypto, but they cannot make massive trades.

While everyday Russians still cannot use Bitcoin to buy groceries or pay for daily services at home, the Kremlin is opening the doors wide for businesses. The law officially allows Russian companies to use digital tokens for international trade. This move is designed to help businesses bypass global sanctions and overcome trade hurdles with foreign partners.

This dual approach shows Russia is trying to balance domestic financial control with international survival. While the government wants to keep a tight lid on local speculation, it needs crypto to keep its global trade flowing. Market watchers will now be looking to see how other countries react to Russia using crypto to sidestep international trade restrictions.