Bank of Russia Opposes Non-Custodial Wallets for All Market Participants
- —Chistyukhin: Russia must not appear to create a tool for circumventing sanctions
- —FATF review of Russia could take place in 2028
- —Non-custodial wallet access stays limited to foreign trade firms with transaction passports
- —Capital requirements for digital depositories set at 50–250 million rubles
Why it matters: Keeping restrictions on non-custodial wallets narrows self-custody options for Russian users and tightens bank oversight of crypto.
Source: BeInCrypto RU