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Russia is serious this time! The State Duma just voted and officially legalized cryptocurrencies in Russia!
$BTC
But don’t celebrate too early — they can only be considered property, not used to buy coffee. The only real use case is cross-border settlement under sanctions. In other words, this move is a green light for foreign trade.
Retail investors also shouldn’t be impulsive; keep your wallets safe first. Non-professional investors can buy up to 300k rubles per year, less than $4,000. Want to buy more? Pass the exam first.
So what can you buy? Don’t rush for every random coin. The initial whitelist entry barrier is very high — you must have a 5-year trading history. Looking at the list, only a few familiar names qualify: Bitcoin, Ethereum, Solana, BNB, Tron. Other small coins currently don’t even have an entry ticket.
And one more critical point: illegal transactions can be sentenced up to 7 years. Regulatory enforcement is really going to happen.
#比特币反弹
What do you think? Is this a sign that the good times are over, or is Big Mao really taking over from the US? Share your thoughts in the comments 👇