Russia to Ban P2P Cryptocurrency Transactions for Individuals

In Crypto Regulations
October 16, 2026

Russia to Ban P2P Cryptocurrency Transactions for Individuals

Starting July 1, 2027, direct P2P transactions involving digital assets between individuals will be prohibited in Russia. This is according to clarifications from the Central Bank regarding cryptocurrency market regulation.

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Steven M. Crimmins is a cryptocurrency strategist and freelance writer who has followed the blockchain industry since Bitcoin’s early days. Known for his sharp analysis of altcoins and trading strategies, Steven provides Satoshi News Africa readers with market-focused content grounded in research. He is especially interested in how African traders are adopting crypto as an alternative to traditional markets. Steven is also a podcast host, where he discusses emerging technologies and investment trends.