Russia Limits P2P Bitcoin Transactions, Non-Qualified Investors Annual Purchase Cap Set at 300,000 Rubles

Starting from July 1, 2027, Russia will require individuals to conduct P2P digital asset transactions through licensed brokers or registered exchanges, and will prohibit transfers from regulated digital asset accounts to personal non-custodial wallets. Non-qualified investors must pass a knowledge test, and the annual digital asset purchase limit for each intermediary will not exceed 300,000 rubles. The use of Bitcoin and other digital assets for payment of goods and services within Russia remains prohibited.

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