The Bank of Russia announced on November 11 that exchanges may begin trading digital currencies and digital rights from November 22, but only if the regulator agrees to their trading arrangements. The notice sets requirements for registering participants, keeping order and transaction records, monitoring trading, calculating specified prices and reporting to the central bank. It does not identify an exchange that has launched trading.
A separate ordinance on asset eligibility takes effect on November 17. It covers Bitcoin, Ether and USDT for non-qualified investors, who face an annual purchase limit of 300,000 rubles through a single intermediary. Qualified investors are not subject to that asset-list and purchase-limit restriction, but the central bank says both groups must pass the relevant test and review crypto investment risks before transacting.
