Bank of Russia Keeps Overseas Crypto Transfers Open

TLDR The Bank of Russia has exempted international crypto settlements from restrictions on self-custody wallets. First Deputy Governor Vladimir Chistyukhin confirmed that non-custodial wallets remain available for cross-border transactions. Direct transfers from regulated Russian digital accounts to personal wallets remain restricted. Russian investors can use regulated foreign custodial platforms to transfer eligible assets to personal wallets. Direct peer-to-peer cryptocurrency transactions remain permitted during the transition period ending July 1, 2027. The Bank of Russia has confirmed that restrictions on self-custody cryptocurrency wallets will not cover international settlements.