RBC reports that Russian banks are rejecting some payments linked to a cash-based USDT trade involving Belarus, in which traders buy USDT through exchanges in Belarus or other former Soviet states and sell it for cash in Russia to profit from exchange-rate gaps. Some payments to Belarusian crypto exchanges were also blocked after customers deposited cash. The Bank of Russia said the arrangement could be used to launder funds of unclear origin. Separately, from July 1, 2027, direct crypto trades between individuals will no longer be permitted, and Russian residents who are not authorized providers may conduct other covered crypto transactions only through or with those providers.
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Related tickers and likely impact
BTC/USDT
• NeutralBitcoin
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $1.6T |
| Close on 10/19/2026 | 81,938.40 |
| Change that session | -0.22% |
ETH/USDT
• NeutralEthereum
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $294.2B |
| Close on 10/19/2026 | 2,408.01 |
| Change that session | -0.10% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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