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Russia's Exchanges May Offer Three Bank-Approved Crypto Assets

The directive takes effect Nov. 17 and names Bitcoin (BTC), Ether (ETH) and USD Tether (USDT) for nonqualified investors.

Updated 1 min read
Pedestrians pass the Bank of Russia headquarters in Moscow on an overcast afternoon. / EconoTimes.ai
Pedestrians pass the Bank of Russia headquarters in Moscow on an overcast afternoon. / EconoTimes.ai

Effective Nov. 17, exchanges may offer Bitcoin (BTC), Ether (ETH) and USD Tether (USDT) to nonqualified investors.

The Bank of Russia named Bitcoin (BTC), Ether (ETH) and USD Tether (USDT) as eligible assets under the Nov. 17 rules for Bitcoin, Ether and USD Tether. Each exchange can decide whether to offer them to the public.

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