Russia Sets July 2027 Deadline to Halt P2P Crypto Transactions
The Central Bank of Russia clarified that transactions between Russian citizens using self-custody wallets or from a regulated broker to a self-custody wallet will be banned starting July 1, 2027. The institution stressed that these transactions can only be made using regulated brokers. Bank of Russia Bans Transactions Going to Self-Custody Wallets The Russian government […]
The Central Bank of Russia has set a July 1, 2027 deadline to ban peer-to-peer crypto transactions between Russian citizens, including transfers involving self-custody wallets and from regulated brokers to self-custody wallets. Only transactions conducted through regulated brokers will remain permitted. The move signals a tightening regulatory stance in a major market, restricting self-custody access and potentially reducing on-chain activity and P2P trading volumes tied to Russian users.
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56M AGOYou’re reading thisRussia Sets July 2027 Deadline to Halt P2P Crypto TransactionsBitcoin.com News · Score 62
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