No Crypto Loans and Fewer Trading Options – Russian Finance Ministry Clarifie...

No Crypto Loans and Fewer Trading Options – Russian Finance Ministry Clarifie...

Russian authorities are not going to allow cryptocurrency lending, the finance ministry has announced, clarifying its proposals for crypto market regulation. The treasury department also revealed that not all cryptocurrencies will be available to Russian investors under the new rules. Russian Government to Restrict Investor Access to Crypto Assets Authorities in Moscow are not planning to permit loans in cryptocurrency or its use as collateral, the Ministry of Finance has emphasized in an explanatory note to its regulatory proposal. The department’s concept was recently approved by....


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