ALGORITHM HAS PROVIDED

Last updated: June 18, 2025, 23:05  |  Written by: Meltem Demirors

Algorithm Has Provided
Algorithm Has Provided

Russian Bank Association Wants to Outlaw Non

Russian Banking Association Seeks To Criminalize Non-Custodial

Association of Banks of Russia Proposed Criminalizing Crypto

The Association Of Banks Of

Russian Banks Want to Ban Self-Custody Crypto Wallets

A group supposedly representing the interest of Russian banks has proposed a crypto-related bill to Russian authorities. The group wants the Russian

The Association of Banks of Russia, an organization including more than 300 Russian banks and financial institutions, has called on lawmakers to criminalize storing crypto

Developed Collaboratively With The Ministry

Russian bankers reportedly want to outlaw

Developed collaboratively with the Ministry of Internal Affairs, the framework proposes to impose criminal responsibility for keeping cryptocurrencies like Bitcoin (BTC) on

Russian Bankers Suggest Criminalizing Crypto Storage in Non

According To A Monday Report

The Association of Banks of Russia (ADB), consisting of over 300 Russian banks and financial institutions, has sought to criminalize those storing crypto outside

Russian bankers reportedly want to outlaw noncustodial crypto

According to a Monday report by the local news agency Izvestia, the Association of Banks of Russia has reportedly proposed that lawmakers criminalize self

Keeping Cryptocurrencies In Non

Russia To Criminalize Non-Custodial Crypto Wallet Holders

Keeping cryptocurrencies in non-custodial wallets may be criminalized in Russia, if authorities accept a proposal from the trade association representing Russian banks.

The Association of Banks of Russia wants to criminalize holding

The Framework

The framework, which was created in collaboration with the Ministry of Internal Affairs, aims to make it illegal to store crypto assets on noncustodial wallets.

Meltem Demirors can be reached at [email protected].

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