Russia to Ban Direct P2P Crypto Trades Starting July 2027

According to Cointelegraph, the Bank of Russia confirmed in updated guidance that direct peer-to-peer (P2P) cryptocurrency transactions between individuals will be banned starting July 1, 2027, requiring users to transact exclusively through authorized intermediaries. The central bank also clarified that individuals are prohibited from transferring crypto assets from regulated digital accounts to personal self-custody wallets. — link