Does Russia allow cryptocurrency? 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.
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 Russia banning Bitcoin? He does not own any crypto. Russia President Vladimir Putin has signed a law banning digital payments across the nation, according to a policy amendment on Thursday. The law was approved by the Russian Assembly, known as the Duma, on July 8.
Where is crypto banned? North Macedonia. North Macedonia is the only European country so far to have an official ban on cryptocurrencies, such as Bitcoin, Ethereum, and others, in place.