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Russia's central bank says non-custodial wallet limits will not apply to international settlements

NewsFeeds update

Vladimir Chistyukhin, first deputy governor of Russia's central bank, said proposed restrictions on non-custodial wallets will not apply to international settlements. Investors will not be allowed to use such wallets directly for investment, to cut money-laundering risk.

RegulationOdailyAIBearish

Read the original on Odaily

The story so far: Russia restricts self-custody crypto trading

The Bank of Russia said residents will be barred from trading crypto through self-custody wallets, or moving funds from licensed brokers to them, from 1 July 2027. The central bank now says the proposed non-custodial wallet limits will not apply to international settlements, while direct use for investment stays…

  1. Russia's central bank says self-custody crypto trading to be banned from July 2027

    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.

    RegulationOdailyAIBearish

  2. Russia to restrict P2P Bitcoin trades and non-custodial withdrawals

    From 1 July 2027, Russians must trade digital assets peer-to-peer through licensed brokers or registered exchanges, and transfers from regulated accounts to personal non-custodial wallets will be restricted. Non-qualified investors face a knowledge test and a cap of Rs 300,000 a year in purchases per intermediary.

    RegulationOdailyAIBearish

  3. Russia's central bank says non-custodial wallet limits will not apply to international settlements

    Vladimir Chistyukhin, first deputy governor of Russia's central bank, said proposed restrictions on non-custodial wallets will not apply to international settlements. Investors will not be allowed to use such wallets directly for investment, to cut money-laundering risk.

    RegulationOdailyAIBearish

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Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Updates are joined into one story by AI; our editors can change a story’s name or take an update out. Not investment advice.