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Russia P2P Crypto Ban: Direct Trades End July 1, 2027

Russia P2P Crypto Ban: Direct Trades End July 1, 2027

Russia will stop individuals from trading crypto directly with one another from July 1, 2027. From that date, residents may only buy and sell digital assets through, or directly with, companies licensed by the Bank of Russia, according to the central bank’s own guidance.

The cut-off appears in the regulator’s FAQ on crypto market development. Peer-to-peer trades, where one person sends rubles to another and receives coins in return, drop off the list of operations residents can carry out without a licensed intermediary. The same page carries a registry of authorized operators dated 16 October 2026.

Article 30 Sets Out What Changes

Federal Law No. 282-FZ, “On Digital Currencies and Digital Rights,” is the basis. President Vladimir Putin…

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