Regulation· ★★★★· bearish·

Bank of Russia registers crypto exchangers, making them banned counterparties in the EU

  • —Bank of Russia added OOO Moi Bitkoin to its crypto exchange register on October 9
  • —From May 24, 2026, EU entities are barred from transacting with Russian crypto providers under Article 5bb
  • —The EU ban covers legal entities, not individuals or their personal wallets
  • —Russian law 282-FZ requires exchangers to keep client and transaction data for 10 years
Why it matters: Regulated Russian exchanges are automatically cut off from EU counterparties, limiting liquidity and cross-border settlement routes for their users.
Source: Happycoin.club