Russia's Finance Ministry: Investors bear the risk of crypto freezes in digital depositories
- —Losses from issuer-initiated asset freezes fall on the investor, not the depository
- —Capital requirement for crypto exchange operators lowered to RUB 15 million from RUB 30 million
- —Non-qualified investors will only get access to BTC, ETH and USDT
- —Authorities plan a separate criminal charge for unlicensed crypto circulation services
Why it matters: Russia is building a regulated crypto circuit with depositories from Sberbank, VTB and T-Bank while shifting USDT freeze risk onto retail investors.
Source: Cryptocurrency.tech
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