Russia has approved retail trading of Bitcoin, Ethereum and Tether, while leaving other digital assets outside the permitted list. XRP was not included among the assets cleared for trading.
The decision matters because it draws a narrow line around which crypto assets retail users can access in Russia. According to the source material, the central bank’s liquidity bar was the key filter, with Bitcoin, Ethereum and USDT meeting that standard while the rest of the market did not.
For crypto markets, the approval highlights the different treatment regulators can apply even within major digital assets. Bitcoin and Ethereum remain the sector’s largest decentralized networks, while Tether is the most widely used stablecoin; their inclusion contrasts with XRP and other tokens that remain unavailable to retail traders under the reported rules.
The move also shows how liquidity can become a gatekeeping standard in regulated crypto access. Rather than opening the market broadly, Russia’s approach appears limited to assets that cleared the central bank’s threshold.
For retail users, the practical result is simple: Bitcoin, Ethereum and USDT are approved for trading, while XRP and all other crypto assets covered by the report remain restricted.