Does Russia allow crypto? Russia has advanced plans to issue its own digital rouble. However, the government has only recently come round to supporting the use of private cryptocurrencies.
Can Russian citizens buy crypto? Russian nationals, residents, or businesses in the country with crypto assets exceeding €10,000 ($10,900) will not be able to deposit or trade, and may only withdraw, Binance said Thursday.
Is it legal to buy Bitcoin in Russia? Lastly, the Bank of Russia recently released a directive stating that non-qualified investors can only buy 600,000 rubles (equivalent to $7,950) worth of cryptocurrencies in a year. Apart from the legal aspects highlighted so far, there are other factors that you should consider before purchasing crypto.
Is Binance allowed in Russia? Binance Crypto Exchange Stops Service in Russia In Line With EU Sanctions; Bitcoin Falls. In accordance with EU sanctions, the Binance cryptocurrency exchange has ceased operations in Russia.