Here is what the page “Russia to Ban Peer-to-Peer Bitcoin Trading by July 2027, Central Bank Confirms” contains. The Bank of Russia has confirmed that peer-to-peer cryptocurrency trading will be prohibited starting July 1, 2027. From that date, all crypto transactions in the country must be conducted through licensed exchanges or brokers approved by the central bank. This move effectively ends direct, person-to-person trading of Bitcoin and other digital assets, a practice currently allowed under a temporary legal window.
The central bank’s decision aims to bring the crypto market under stricter oversight, reduce money laundering risks, and channel activity into regulated platforms. The ban will affect individual traders who have relied on direct transfers, pushing them toward intermediaries that must comply with Russian financial regulations. While the deadline gives users roughly two years to adjust, the policy signals a significant shift in Russia’s approach to digital currencies, balancing innovation with state control. For the complete material, the listing points back to the source inside the network.