Morning Edition · Sunday, November 8, 2026Published at 12:54 AM EST · New York
Directive No. 7441-U limits non-qualified investors to three assets bought through licensed intermediaries, and every buyer must pass a test first.

The Bank of Russia has approved the list of crypto assets that non-qualified (retail) investors may buy. The list contains bitcoin, ether and Tether's dollar stablecoin, USDT. The rule, Bank of Russia Directive No. 7441-U dated September 11…
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States Turn Crypto Rails Into Sanctions Instruments
Governments increasingly track, freeze, and seize on-chain assets to enforce sanctions, turning traceable ledgers and centrally controlled stablecoins into extensions of financial statecraft rather than escapes from it.
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