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BREAKING: 🇷🇺 RUSSIA CENTRAL BANK JUST APPROVED #BITCOIN AND CRYPTO AS MARGIN COLLATERAL FOR FUTURES AND DERIVATIVES BTC CAN NOW BE USED TO BACK LEVERAGED TRADING AND SHORT SELLING GLOBAL SUPERPOWERS ARE RACING TO BTC THE RACE IS ON 🚀

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The Bitcoin Historian

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31,308 views • 2 months ago •via X (Twitter)

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Russia legalizes crypto trading with a 98% catch Putin has signed a law legalizing cryptocurrency trading in Russia from September 1, but only through Central Bank-regulated institutions and only for tokens clearing a $61.5B market cap bar over two years, a filter that currently fits just $BTC, $ETH and $USDT. Domestic crypto payments stay banned. The fine print bites hardest for retail, as non-qualified investors, around 98% of the market per the Central Bank, must pass a test and are capped at roughly $3,690 in purchases a year per intermediary. Cross-border settlement use is unrestricted.

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