HACKERNOON

Last updated: June 18, 2025, 00:32  |  Written by: Olaf Carlson-Wee

Hackernoon
Hackernoon

According To A Monday Report

Russian bankers reportedly want to outlaw noncustodial crypto

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

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

The Association Of Banks Of

Russian Banks Want to Ban Self-Custody Crypto Wallets

Russian Bank Association Wants to Outlaw Non

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

The Association of Banks of Russia wants to criminalize holding

Russian Bankers Suggest Criminalizing Crypto Storage in Non

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

The Framework

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

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.

Russian Banking Association Seeks To Criminalize Non-Custodial

Keeping Cryptocurrencies In Non

Association of Banks of Russia Proposed Criminalizing Crypto

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.

Russian bankers reportedly want to outlaw

Olaf Carlson-Wee can be reached at [email protected].

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