
Russia picks Bitcoin, Ethereum and USDT for public trading as retail faces $58,000 cap
The Bank of Russia’s proposed gate caps non-qualified residents at ₽300,000 per broker, with only Bitcoin, Ethereum, and USDT eligible.
Read crypto legal news on court cases, enforcement actions, lawsuits, and legal disputes affecting digital asset markets.

Courts could force platforms to identify and freeze debtor holdings within a week as an Aug. 11 consultation deadline approaches.

If the court grants the proposed fee and expenses stay within the stated estimate, at least $2.985 million remains before other deductions.

Blockchain data shows Shelbit processed billions through rotating wallets and had $318 million in transactions involving Russia’s sanctioned A7 network.

The law names “HTX (HUOBI GLOBAL SA),” while HTX previously said in a UK case that the company is separate from its online platform.

Bybit’s $1.5 billion North Korea case tests how far courts can trace, freeze and recover stolen crypto after months of laundering.

The lawsuit accuses BitGo of understating crypto risk, but today’s deadline applies only to investors seeking the lead-plaintiff role.



