Russia Bars Self-Custody Withdrawals From Regulated Crypto Accounts
A separate restriction on direct crypto trades between individuals takes effect July 1, 2027, requiring residents to use authorized intermediaries.
AI summary
Russia has barred self-custody withdrawals from regulated crypto accounts, forcing users to keep assets with authorized intermediaries. A separate restriction on direct peer-to-peer crypto trades takes effect July 1, 2027. The move tightens state control over crypto holdings and could reduce trading volumes and self-custody adoption in Russia, though its direct impact on global markets is limited.
Narrative history
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53M AGOYou’re reading thisRussia Bars Self-Custody Withdrawals From Regulated Crypto AccountsThe Defiant · Score 75
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2H AGOCrypto Briefing · Score 75 · via self-custody self-custody, self-custody
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3H AGOCrypto Briefing · Score 65 · via peer-to-peer, ban direct
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3H AGOCointelegraph · Score 65 · via Russia, peer-to-peer
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20H AGOBitcoin Magazine · Score 75 · via Russia Central, Russia
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22H AGODecrypt · Score 75 · via Russia, Sberbank
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14 OCT · 04:08CryptoPotato · Score 55 · via Sberbank, Russia
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13 OCT · 12:22Cointelegraph · Score 47 · via Sberbank, Russia
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13 OCT · 11:02CoinDesk · Score 47 · via approval trade, Sberbank
