The Central Bank of Russia says Russian citizens will not be allowed to buy or sell crypto directly without state-regulated intermediaries starting next summer, according to FAQ guidance. Peer-to-peer crypto transactions between individuals will be removed from the list of legal operations after July 2027, and media note people may try to bypass the ban by disguising sales as gifts or debt repayments. Under a law signed by Vladimir Putin, crypto can only be traded through regulated institutions such as exchanges, brokers, asset managers and digital depositories, with retail purchases capped at 300,000 rubles ($3,690) per year through each intermediary. The Central Bank has begun a registry of 12 authorized operators, including state lenders Sberbank and VTB, and the law bans crypto payments inside Russia but not cross-border settlements.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on themoscowtimes.com ↗
Related tickers and likely impact
BTC/USDT
▼ Likely negativeBitcoin
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $1.6T |
| Close on 10/14/2026 | 81,682.01 |
| Change that session | -1.79% |
ETH/USDT
▼ Likely negativeEthereum
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $294.2B |
| Close on 10/14/2026 | 2,421.60 |
| Change that session | -3.06% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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