Bank of Russia issues crypto FAQ: restrictions take effect July 1, 2027
- —From July 1, 2027, crypto transactions only via licensed brokers and exchangers from the CBR registry
- —P2P deals between individuals allowed only until July 1, 2027
- —Withdrawals to non-custodial wallets and transfers between individuals are prohibited
- —USDT may be admitted to organized trading after directive No. 7441-U takes effect
Why it matters: Russian crypto holders must prepare for a shift to licensed intermediaries and the closure of P2P channels by mid-2027.
Source: BeInCrypto RU