Russia blocks Bitcoin transfers from regulated accounts to self-custody wallets
Image: CoinGapeRussia's central bank has prohibited transfers from regulated digital accounts into individuals' personal non-custodial crypto wallets under Federal Law No. 282-FZ. The Bank of Russia issued guidance on the restriction on October 12. The law also ends direct peer-to-peer crypto trading outside authorized intermediaries on July 1, 2027. Russian residents can still buy and sell cryptocurrencies through authorized exchanges and brokers. Regulated intermediaries must handle crypto transactions.
Key points
- Russia's central bank prohibits transfers from regulated digital accounts into personal non-custodial crypto wallets.
- Federal Law No. 282-FZ sets legal rules for cryptocurrencies and digital rights in Russia.
- Russian authorities require crypto transactions to pass through state-supervised intermediaries and organized trading.
Why it matters
The rules limit Russian users' ability to move crypto from regulated accounts to personal wallets and to trade directly with each other. Regulated buying and selling through authorized intermediaries remains available.
What's unclear
The reports differ on the scope of the self-custody restriction: one describes a broad ban, while the other focuses on withdrawals from regulated digital accounts.
Price context · BTC
At publication
$82,273.00
Now
$82,322.00
Change since
+0.06%
7 days · dashed line = publication
Sources · 2 publishers
CoinGape
Tier 2
Russia to Restrict Direct P2P Crypto Trades and Self-Custody Transfers Under New Rules
Coverage timeline
- First reported by Finbold
- Also reported by CoinGape
- CryptoVideos brief published
How this page is checked. AI drafted this brief from selected independent reports. Automated checks compare numbers, source coverage and topic terms, but may miss errors. Publication and evidence refreshes run automatically. Read the linked reports for context. Report an error
