New rules restrict USDT trading in Russia due to sanctions and wallet freeze risks.
Stablecoins remain permitted for international settlements under strict KYC and AML checks.
Russia’s Central Bank is set to introduce new regulations that could effectively limit Tether (USDT) use within the country. According to experts, trading USDT may no longer be allowed on domestic exchanges due to worries over international sanctions and wallet freezes. However, it seems that using USDT and similar stablecoins in cross-border payments and settlements is still allowed, mainly for international trade.
These regulations will be enacted on May 26 as part of the approval process for trading within Russia’s crypto sandbox. The sandbox was established to allow Russian firms to engage in cryptocurrency-based international trade under Central Bank supervision. Authorities plan to expand this program soon, allowing qualified investors to trade crypto on approved exchange platforms.
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We współpracy z: https://thenewscrypto.com/russia-limits-usdt-trading-while-allowing-cross-border-use/
