In brief
- The Bank of Russia confirmed in an October 12 FAQ that direct crypto trades between individuals are legal only until July 1, 2027, citing new law.
- The regulator also says individuals cannot move crypto from a digital account to their own non-custodial wallet or transfer it to another person through depository-run addresses.
- Sberbank joined the central bank’s crypto exchange register on October 12 and plans to launch its first crypto products on December 1.
Russians have a little over eight months left to trade Bitcoin and other crypto directly with each other. From July 1, 2027, peer-to-peer deals—where two people swap rubles for coins without a regulated middleman—will no longer be legal, the Bank of Russia confirmed this…
