{
  "id": 14721668,
  "title": "Russia to Ban Direct Person-to-Person Crypto Trades in July 2027",
  "url": "https://urgent.news/2026/10/15/russia-to-ban-direct-person-to-person-crypto-trades-in-july-2027",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-15T14:53:49.000Z",
  "source": {
    "name": "The Moscow Times",
    "slug": "the-moscow-times",
    "url": "https://www.themoscowtimes.com/2026/10/15/russia-to-ban-direct-person-to-person-crypto-trades-in-july-2027-a93989"
  },
  "original_language": "en",
  "account": "Russia plans to ban direct person-to-person cryptocurrency trades starting July 1, 2027, according to guidance from the nation's Central Bank. The regulator announced that peer-to-peer crypto transactions between individuals will be removed from the list of legal operations. Those looking to evade the ban may disguise direct sales as gifts or debt repayments. To comply with a law signed by President Vladimir Putin, cryptocurrencies can only be bought and sold through state-regulated intermediaries such as exchanges, brokers, asset managers, and digital depositories. Retail investors will be limited to purchasing up to 300,000 rubles ($3,690) annually through each intermediary. The Central Bank has already started creating an official registry of authorized crypto operators, currently comprising 12 entities, including state lenders Sberbank and VTB. The July 1, 2027, deadline also marks the requirement for cryptocurrency exchanges and digital depositories to obtain necessary licenses. The law prohibits cryptocurrency payments within Russia but does not restrict cross-border settlements.",
  "summary": "However, media outlets have noted that individuals may attempt to bypass the ban by disguising direct crypto sales as personal gifts or debt repayments.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Cointelegraph",
        "title": "Russia to ban direct peer-to-peer crypto trades starting July 2027",
        "url": "https://urgent.news/2026/10/15/russia-to-ban-direct-peer-to-peer-crypto-trades-starting-july-2027",
        "published": "2026-10-15T14:22:43.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}