🇷🇺Russia: no self-custody, and P2P ends July 2027
The Bank of Russia updated its crypto FAQ and two answers stand out. Individuals can't move crypto from a digital account to their own non-custodial wallet. Direct P2P deals between people stay legal only until July 1, 2027. After that, every trade has to go through a licensed intermediary. $BTC $USDT
How do you even enforce a P2P ban?
#russia #SelfCustody
Source: Bank of Russia crypto FAQ
The Bank of Russia updated its crypto FAQ and two answers stand out. Individuals can't move crypto from a digital account to their own non-custodial wallet. Direct P2P deals between people stay legal only until July 1, 2027. After that, every trade has to go through a licensed intermediary. $BTC $USDT
How do you even enforce a P2P ban?
#russia #SelfCustody
Source: Bank of Russia crypto FAQ