The Russian government will permit USDC to enter its regulated cryptocurrency market, as announced by Deputy Finance Minister Ivan Chebeskov. This decision adds USDC to the list of approved cryptocurrencies, which already includes USDT, Bitcoin, and Ethereum. The move comes despite previous statements from the Central Bank of Russia indicating no further tokens would be added. Under the new regulations, non-professional investors will be allowed to invest in cryptocurrencies with an average market capitalization exceeding 5 trillion rubles (approximately $70 billion) over the past two years. Additionally, smaller fiat-denominated stablecoins from friendly jurisdictions, such as ruble and UAE dirham stablecoins, may also be approved. The regulatory bill, which must be enacted by July 1st, will enable non-professional investors to legally access crypto, subject to an annual investment limit of 300,000 rubles (around $4,000).