Russia Plans Ban on Direct P2P Crypto Trading Starting July 2027

Key Facts

Russia plans to implement a ban on direct peer-to-peer (P2P) crypto trades starting July 1, 2027. Cointelegraph reported that the move is part of a broader effort by the Russian government and the Central Bank to tighten digital asset regulations. Separate existing rules already prohibit transfers from digital accounts to self-custody wallets.

The regulatory shift aims to increase oversight of digital asset flows and restrict the use of unregulated direct transfers. Amidst these policy developments, economic data from October 9, 2026, showed Russia's annual inflation rate at 6.3%, while the monthly inflation rate was recorded at 0.3%, providing broader context to the domestic financial environment.