
Russia Moves to Restrict Retail Access to Foreign Stablecoins Under New Crypto Bill
Russia is preparing to tighten oversight of foreign stablecoins through a new cryptocurrency regulation bill that would limit who can purchase the assets. The government’s final draft introduces a separate legal framework for stablecoins, separating them from traditional cryptocurrencies and restricting access for most retail investors. The proposal comes in addition to a separate initiative from the Central Bank of Russia to place all stablecoin transactions under state supervision. Final Bill Separates Stablecoins From Cryptocurrencies The current version of Bill No. 1194918-8, titled On Digital Currencies and Digital Rights, changes how stablecoins are classified under Russian law. Earlier drafts treated…
Read More








