Regulation· ★★★★· bearish·

Russia Moves to Ban Direct Crypto Trading, Forcing Citizens Into State-Regulated Exchanges by 2027

  • —The ban targets direct crypto trading outside regulated platforms
  • —Trading will be permitted only via state-licensed exchanges
  • —The restrictions are set to take effect by 2027
Why it matters: Tighter regulation in Russia will restrict access to P2P and non-custodial services, potentially reducing local trading volumes.
Source: Google News (crypto query)