Russia Will Soon Ban Peer-to-Peer Bitcoin Trading, Central Bank Confirms

Russia’s central bank says the country plans to ban peer-to-peer cryptocurrency trading, though the available report does not specify when the measure will take effect or how it will be enforced. The move could restrict a major route for Russians to buy and sell bitcoin, pushing activity toward regulated intermediaries or offshore and informal channels. It adds to regulatory pressure on Bitcoin access in Russia, but does not itself imply a change to Bitcoin’s network or global market.