Russia is implementing tighter regulations on the crypto sector, particularly focusing on USDT trading. The Central Bank's new rules suggest that while cross-border settlements using stablecoins like Tether may continue, domestic investors could face significant hurdles in accessing USDT.

The developments point towards an indirect ban on USDT trading within Russia, reflecting the government's increased control over the crypto landscape. This move aligns with Russia's broader strategy to regulate digital currencies within its borders, potentially impacting the market dynamics for Russian crypto traders.