Russia Opens Public Crypto Trading — But Only BTC, ETH, and USDT, With a $58K Cap for Retail Investors. Here's What That Means

WHY IT MATTERS

Think of this like Russia opening a tightly controlled stock exchange — but for crypto. Instead of letting people trade any of the thousands of cryptocurrencies out there, they've picked just three: Bitcoin (the biggest), Ethereum (the second biggest), and USDT (a 'stablecoin' designed to always be worth $1). On top of that, regular people can only invest up to about $58,000, kind of like a spending limit on a credit card. This matters because Russia is one of the world's largest economies, and when a major country officially lets its citizens trade crypto — even with restrictions — it adds legitimacy to the entire market. For beginners, this is a good example of how governments are trying to find a middle ground: allowing crypto but with guardrails to protect people from losing too much money.