Russia to Ban P2P Crypto Trading From July 2027
Photo: Pixabay (illustration)
Russia will prohibit direct P2P crypto transactions between individuals from July 1, 2027. Non-qualified investors face a 300,000-ruble annual crypto purchase limit per intermediary. The Bank of Russia restricts transfers from regulated accounts to personal self-custody wallets. Russia will prohibit direct peer-to-peer (P2P) cryptocurrency trading between individuals from July 1, 2027, requiring residents to use authorized intermediaries. The Bank of Russia has also clarified restrictions on transfers from regulated digital accounts to personal self-custody wallets. Russia Sets Deadline for Direct Crypto Transactions The Bank of Russia outlined the restrictions in guidance updated on Oct.
Source: Live Bitcoin News
