Russian retail investors have an annual cryptocurrency purchase limit of 300,000 rubles, and the Moscow Exchange is preparing a pilot
Bitcoin News posted on X that the Moscow Exchange is preparing to launch a pilot on December 1 to support trading of Bitcoin, Ethereum, and USDT. Retail investors are limited to purchasing cryptocurrency through a single intermediary at 300,000 rubles per year, approximately $3,600, and must pass a knowledge test; qualified investors are not subject to the same purchase limit. Cryptocurrency still may not be used for payments for goods and services within Russia.