The government has expanded the list of countries whose banks will be able to participate in currency trading in Russia

"On 02/01/2025, the Russian government issued a new directive (#160-r) expanding the list of countries allowed to participate in Russia's currency and derivatives markets. The updated list now includes 40 countries, including Argentina, Cambodia, Laos, Mexico, Nigeria, Tunisia, and Ethiopia, allowing them to engage in currency trading and derivatives operations in Russia."