The Russian central bank plans to allow businesses to purchase foreign stablecoins

According to Cryptonews, the Russian central bank has released a draft plan to allow domestic companies to purchase foreign stablecoins, but it is suspected to prohibit the purchase of USDT and USDC. The proposal is open for public review and the deadline is June 15th. The draft stipulates that Russian legal entities that do not meet the criteria of "qualified investors" may trade such assets without restrictions. Local media pointed out that the change in rules may not open the door for Russian companies wishing to trade currencies such as USDT and USDC. The Russian central bank has also proposed to increase the annual investment limit for digital financial assets (DFAs) from 600000 rubles (approximately $7570) to 1 million rubles (approximately $12600), and to lift restrictions on corporate purchases of DFAs. If there are no significant objections, the new regulations may come into effect before the end of the month.