€24 Billion Withdrawn from Banks Amid Crypto Restrictions: Russians Are Losing Ways to Save
On August 4, Russian President Putin signed the “Law on Digital Currency and Digital Rights,” the main provisions of which take effect on September 1. Retail investors will not be able to purchase more than 300 thousand rubles (approximately $3.6 thousand) worth of cryptocurrency per year through a single licensed intermediary in Russia, while a Bank of Russia draft will limit eligible assets to bitcoin, ether, and USDT. At the same time, Bank of Russia data shows that during the first seven mon
AlexeiVolkov·1h ago



