Russia will restrict P2P Bitcoin transactions and prohibit withdrawals to non-custodial wallets, with an annual purchase limit of 300,000 rubles for non-qualified investors

Odaily: Bitcoin News posted on X platform 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 the annual digital asset purchase amount 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.