Russia to restrict foreign stablecoins like Tether under new digital asset rules

20-5-2025 – The Central Bank of Russia (CBR) has unveiled stringent regulations targeting foreign digital assets, set to take effect on May 26, 2025. These measures, aimed at so-called “foreign digital rights” (FDRs), are poised to reshape the landscape for cryptocurrencies, particularly stablecoins like Tether (USDT), within Russia’s rapidly expanding $10 billion digital asset market. [. source: https://www.cointrackdaily.com/russia-to-restrict-foreign-stablecoins-like-tether-under-new-digital-asset-rules/