Express

Bank of Russia to Delay Payments Made to to Crypto Exchanges, Curb Russians’ Impulsive Investments

Amy Liu

Summary: Central Bank of Russia is now working with commercial banks in order to delay payments made to digital asset exchanges. The move aims to limit “emotional” cryptocurrency purchases made by “unqualified” Russian investors, a CBR official revealed. The move is likely to affect peer-to-peer and over-the-counter trading platforms. Bank of Russia remains skeptical about the ...

Central Bank of Russia is now working with commercial banks in order to delay payments made to digital asset exchanges. The move aims to limit “emotional” cryptocurrency purchases made by “unqualified” Russian investors, a CBR official revealed. The move is likely to affect peer-to-peer and over-the-counter trading platforms.

Bank of Russia remains skeptical about the acquisition of cryptocurrencies and will not support increasing access to crypto markets for Russian investors, most of whom are not accredited, the bank’s Deputy Chairman Sergei Shvetsov stated this week.

By Amy Liu

  • GAEA Chat Singapore Concludes Successfully - A Recap of the Industry Thought Feast Duri... 1 day ago
  • U.S. SEC Clears Path for Institutional Crypto Custody, Recognizing State Trust Companie... 6 days ago
  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? 20 days ago
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 27 days ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules September 5, 2025
  • You need to login to comment.