Russia's Finance Ministry: Custodians Won't Compensate for Crypto Frozen by Foreign Issuers
- —Custodians are liable only for record-keeping, storage and accurate accounting
- —Losses from foreign-issuer freezes are classified as investor risk
- —Non-qualified investors capped at 300,000 rubles per year via one intermediary
- —Only Bitcoin, Ethereum and Tether USDT will be available to non-qualified investors
Why it matters: The rules set the framework for Russia's legal crypto market from 2026 but shift blocking risk onto investors.
Source: Код Дурова