Bank of Russia to roll out crypto infrastructure through 2027
- —Rollout will run through 2027, with no exact dates announced
- —From July 1, 2027, crypto purchases must go through licensed intermediaries; P2P deals are banned
- —Withdrawing coins to a personal wallet will not be allowed under the law
- —Market participants must switch to the new rules by September 1, 2027
Why it matters: Russian traders get a legal alternative to offshore exchanges, but with tight curbs on peer-to-peer trading and self-custody.
Source: BeInCrypto RU
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