New Central Bank Crypto Rules ‘Will Ban USDT Trading in Russia’

Russia May Ban USDT Under Incoming Crypto Rules

According to the information Central Bank of Russia’s rules will restrict access to certain tokens, including USDT, due to its foreign origin and issuer control. The regulations ban digital assets from “unfriendly” countries. Only tokens issued in “friendly” countries will be allowed. In addition, tokens that can be frozen or seized by the issuer or payment agent will not pass the new test. Cross-Border Use Still Allowed, Domestic Use at Risk Ru…

Russia To End USDT Trading with New Central Bank Crypto Rules - Coin Surges

The post Russia To End USDT Trading with New Central Bank Crypto Rules appeared first on Coinpedia Fintech News As Russia tightens its grip on the crypto sector, a fresh wave of Central Bank regulations could severely affect USDT trading within the country. While Russian firms may still be able to use stablecoins like Tether for cross-border settlements, domestic investor access to USDT appears increasingly at risk. No Explicit Ban, but All Sign…

New Central Bank Crypto Rules ‘Will Ban USDT Trading in Russia’

New Russian Central Bank crypto regulations could effectively outlaw Tether (USDT) trading in the country, experts have explained.