The Bank of Russia says residents will be barred from trading crypto through self-custody wallets, or moving funds from licensed brokers to them, from 1 July 2027; trades must go through licensed brokers or exchanges. Deputy finance minister Ivan Chebeskov estimates about 20m Russians hold RUB 3.7tn, nearly $44bn, in crypto assets.
Russia's central bank says self-custody crypto trading to be banned from July 2027
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