Russia Sets July 2027 Start for Self-Custody Crypto Transfer Ban

Russia’s law will bar individual transfers to and from non-custodial wallets starting in July 2027; rules requiring most crypto transactions by residents to go through authorized intermediaries took effect in September. The restriction covers transfers both into and out of non-custodial wallets, where owners hold crypto themselves rather than through a licensed service provider. Direct crypto transactions between individuals will also be barred, along with transfers between people using addresses administered by a digital depository. Most crypto transactions by Russian residents must go through authorized intermediaries, including licensed brokers and registered digital-currency exchanges, under rules that took effect in September. Investors will have to pass a test, while people classified as unqualified will face an annual crypto purchase limit through each intermediary.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to TokenPost.