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Russia says crypto investors bear losses if foreign issuers freeze assets

  • Russia’s Finance Ministry says crypto investors will bear losses from certain asset freezes.
  • USDT and USDC issuers are cited as examples of entities that may block assets.
  • Russian crypto depositories would not have to repay affected users, according to the ministry.

Russia’s Finance Ministry says crypto investors would bear losses if foreign issuers such as USDT or USDC block their assets. Russian crypto depositories would not be required to repay users when those freezes occur for reasons beyond the depository’s responsibility, according to the statement.

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Russia says crypto investors bear losses if foreign issuers freeze assets - CoinPost Terminal