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Russia’s New Crypto Law Takes Effect, Caps Investors at $3,700

News.Bitcoin.com
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Russia’s New Crypto Law Takes Effect, Caps Investors at $3,700

Russia’s new digital asset law came into force on September 1, legalizing regulated crypto trading nationwide while capping retail investors at roughly $3,700 a year through licensed intermediaries. A Regulated Lane Opens News of the law’s start spread quickly earlier today. The legislation, formally Bill No. 1194918-8, cleared the State Duma in its second and […]

Key Takeaways

  1. Russia’s new digital asset law came into force on September 1, legalizing regulated crypto trading nationwide while capping retail investors at roughly $3,700 a year through licensed intermediaries.
  2. A Regulated Lane Opens News of the law’s start spread quickly earlier today.
  3. The legislation, formally Bill No.
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Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.