Citizens will be banned from p2p-transfers of cryptocurrency from July 2027
From July 1, 2027, citizens will be prohibited from conducting p2p transactions – direct purchase or sale of cryptocurrency without the participation of an intermediary, the Central Bank said in an explanation of the rules for the circulation of cryptocurrency in Russia. It is also forbidden to transfer cryptocurrency from a digital account to your own non-custodial wallets, where you can independently manage private keys and a secret recovery phrase.
From July 1, 2027, citizens will be prohibited from conducting p2p transactions – direct purchase or sale of cryptocurrency without the participation of an intermediary, the Central Bank said in an explanation of the rules for the circulation of cryptocurrency in Russia. It is also forbidden to transfer cryptocurrency from a digital account to your own non-custodial wallets, where you can independently manage private keys and a secret recovery phrase.
