Regulation· ★★★★· neutral·

Russia's Finance Ministry: Over 10 Million Russian Crypto Wallets Held Abroad

  • —Chebeskov: at least 10 million Russian crypto wallets exist in foreign infrastructure
  • —Russia's crypto regulation law took effect this month
  • —Trading is allowed only via licensed brokers, depositories and exchangers registered with the central bank
  • —Non-qualified investors are capped at 300,000 rubles per year through a single intermediary
Why it matters: Russia is trying to pull citizens' crypto assets into its regulated perimeter, which could reshape market structure and exchange access.
#BTC#ETH#USDT
Source: Cryptocurrency.tech
More on this
Markets · Sep 23
Bitcoin Breaks $85,000 as ETF Inflows Hit $435M and XRP Options Heat Up
 Regulation · 21:51
CLARITY Act failure hits Coinbase, Circle and Strategy as shares fall 5–10%
 Markets · 17:06
Analyst: Bitcoin could hit $457,000 by 2030 under power law model