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Russia To End USDT Trading with New Central Bank Crypto Rules

Coinpedia LogoCoinpedia13h ago

Russia To End USDT Trading with New Central Bank Crypto Rules - Coinpedia

Quick Summary:

While Russian firms may still be able to use stablecoins like Tether for cross-border settlements, domestic investor access to USDT appears increasingly at risk.

While the bank avoids naming specific assets, experts believe these regulations are effectively engineered to exclude USDT and most other USD-backed stablecoins.

With Tether already cooperating with U.S.authorities in past enforcement actions, such as freezing wallets linked to Russian exchange Garantex, confidence in USDT’s usability within Russia is eroding fast.

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Russia To End USDT Trading with New Central Bank Crypto Rules - Coinpedia (Picture 1)Russia To End USDT Trading with New Central Bank Crypto Rules - Coinpedia (Picture 2)Russia To End USDT Trading with New Central Bank Crypto Rules - Coinpedia (Picture 3)

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Article Details

Author / Journalist: Zameer Attar

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-19 @ 05:25:47 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 485 words

Reading Time: 3 minutes read

Sentences: 28 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 28802559

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About Coinpedia

Coinpedia Logo

Main Topics: Crypto

Official Website: coinpedia.org

Update Frequency: 8 posts per day

Year Established: 2016

Headquarters: United States

News Last Updated: 11 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #112

Publisher Details

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The story "Russia To End USDT Trading with New Central Bank Crypto Rules" has 485 words across 28 sentences, which will take approximately 3 - 5 minutes for the average person to read.

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The story "Russia To End USDT Trading with New Central Bank Crypto Rules" was covered 13 hours ago by Coinpedia, a news publisher based in United States.

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Coinpedia is a fully independent (privately-owned) news outlet established in 2016 that covers mostly crypto news.

The outlet is headquartered in United States and publishes an average of 8 news stories per day.

It's most recent story was published 11 hours ago.

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  • News ID: #28802559
  • URL: https://person1204.beamstart.com/news/russia-to-end-usdt-trading-17476338221341

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