Crypto: Russia to Shut Down P2P Trading in 2027

Russia will close an important door of its crypto market. From July 1, 2027, two individuals will no longer be able to buy or sell bitcoin or other cryptocurrencies directly between themselves. The Bank of Russia just confirmed this in an FAQ published on October 12. Transactions will have to go through an authorized intermediary, including a broker or a platform registered with the regulator.

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