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Wire · regulatory

Russian Limits Retail Crypto to Bitcoin, Ether and Tether

12 August 2026 · By · Wire by Fusion42

Published

12 August 2026

Topic

regulatory

◆ Sectors

Fintech

◆ Geography

Russia

◆ Source

Read at pymnts.com →

◆ Verified

Fusion42 · 12 August 2026 · Fusion42 review

The Bank of Russia will restrict retail cryptocurrency trading to only Bitcoin, Ether, and Tether, capping annual purchases at 300,000 rubles per currency. This regulatory move aims to protect investors from volatility and comes alongside Sberbank's plans to launch crypto wallet and deposit services following new digital currency legislation.

This Wire brief sits within Fusion42's coverage of Fintech.

◆ ◆ The Wire takeaway

You must adjust your crypto offerings if targeting Russian retail customers as only Bitcoin, Ether, and Tether trades will be legal under strict limits. This reshapes market access and pushes you to engage with authorised platforms like Sberbank’s emerging crypto services.

◆ Coverage

1 source · 12 Aug 2026

◆ Related on Wire

◆ Topics

Fintechcrypto-regulationrussiabitcoinethertetherretail-investors