Russia to Restrict P2P Bitcoin Trading and Ban Withdrawals to Non-Custodial Wallets, Non-Qualified Investors Limited to 300,000 Rubles in Annual Purchases

Odaily reports: Bitcoin News posted on X that Russia will require individuals to conduct P2P digital asset transactions through licensed brokers or registered exchanges starting July 1, 2027, and will restrict transfers from regulated digital asset accounts to personal non-custodial wallets. Non-qualified investors must pass a knowledge test, and their annual digital asset purchases through each intermediary must not exceed 300,000 rubles. The use of Bitcoin and other digital assets to pay for goods and services within Russia remains prohibited.