Bank of Russia Approves Bitcoin Trading For Retail Investors

The Bank of Russia has officially approved the trading of Bitcoin, Ethereum, and USDT for retail investors. These specific digital assets met the central bank's liquidity requirements, enabling their use in retail trading and cross-border transactions. However, XRP remains excluded from this approval, staying off-limits for retail users. This regulatory move aims to organize the wider digital asset space in Russia, potentially boosting the adoption and global utility of the three approved cryptocurrencies while highlighting hurdles for XRP.