On October 15, 2026, Russia’s central bank prohibited individuals from transferring cryptocurrency from regulated accounts to self-custody wallets, framing it as a clarification of Federal Law No. 282-FZ that took effect on September 1, 2026. On the same day, Sberbank, Russia’s largest bank, was authorized to provide crypto exchange services, becoming the first major player under the new regime. Peer-to-peer transactions remain legal until July 1, 2027, after which all crypto dealings must go through a licensed intermediary. A 300,000 ruble annual cap on retail purchases through intermediaries and the ban on using digital assets for payments remain in place.
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