Russia Legalizes Crypto Trading, Tightens Controls
Update: 2025-12-23
Description
Russias central bank proposes legalizing and regulating cryptocurrency trading, marking a shift from previous caution. Digital currencies and stablecoins are recognized as monetary assets, but not for payments within Russia. The framework allows existing financial firms to offer crypto services and opens the door for foreign investments, while emphasizing risks and maintaining tight controls.
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