#USDT C On May 26, the stablecoin USDT will be banned in Russia🤔

In Russia, foreign digital rights can only be acquired by legal entities that are qualified investors. Additionally, there will be extra criteria for digital financial assets:

- they must not be related to securities issued by unfriendly issuers;

- they must not certify rights to receive cryptocurrency or digital financial assets that are not permitted for circulation in Russia;

- the issuance terms of digital financial assets must not contain any references to possible blocking by either the issuers themselves or payment agents or their controlling persons;

- the list of countries where the requirements for digital financial assets can be fulfilled must include at least one friendly country;

- in case of disputes regarding digital instruments, they should not be considered in unfriendly jurisdictions.

The stablecoin USDT does not meet these requirements, so its legal circulation in the country will be prohibited.