On October 15, 2026, Decrypt reported that the Bank of Russia confirmed a sweeping peer-to-peer bitcoin trading ban. All crypto transactions must move through licensed intermediaries by July 1, 2027. For global businesses and DAOs, the informal crypto banking channels many rely on are closing. The only sustainable path is a regulated platform that bridges fiat and crypto.
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What Just Happened: Russia’s Peer-to-Peer Crypto Trading Ban
On October 12, 2026, the Bank of Russia published an updated FAQ stating that direct peer-to-peer crypto trades—where one person sends rubles and another sends crypto without a regulated middleman—are legal only until July 1, 2027. After that date, every trade must go through an…
