Russian Banking Association Seeks To Criminalize Non Custodial Wallet Holdings

Last updated: June 9, 2025, 15:03

Russian Banking Association Seeks To Criminalize Non Custodial Wallet Holdings

Keeping cryptocurrencies in non

Russian Bankers Suggest Criminalizing Crypto Storage in Non

Russian bankers reportedly want to outlaw

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 To Criminalize Non-Custodial Crypto Wallet Holders

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

Association of Banks of Russia Proposed Criminalizing Crypto

The Association of Banks of

The Association of Banks of Russia wants to criminalize holding

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 Banks Want to Ban Self-Custody Crypto Wallets

Developed collaboratively with the Ministry

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

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

Russian bankers reportedly want to outlaw noncustodial crypto

A group supposedly representing the

Russian Bank Association Wants to Outlaw Non

Russian Banking Association Seeks To Criminalize Non-Custodial

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

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.