Russia sets new crypto rules effective Sept. 1: digital currency classified as property, exchange via Bank of Russia-registered intermediaries, 300K-ruble annual cap, and permitted use in foreign trade.
A Russian State Duma deputy told TASS that new cryptocurrency rules take effect September 1: digital currency is classified as property, exchanges must go through Bank of Russia-registered intermediaries, retail investors face a 300,000-ruble annual purchase cap per intermediary, and crypto can be used in foreign trade settlements.
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