Russia may block foreign crypto exchanges this summer
Russia may block foreign crypto exchanges this summer
According to RBC, Roskomnadzor is considering mass blocking of foreign cryptocurrency exchanges that are not registered in Russia.
Planned technical measures
Regulators may remove DNS records within the Russian internet segment and begin countering tools used to bypass such blocks.
Scale and market context
The Finance Ministry estimates daily cryptocurrency turnover in Russia at ₽50 billion, with most flows reportedly operating outside the regulated zone.
Regulatory changes
A draft law on licensing exchanges and exchange offices is expected in the first half of 2026 and will supplement 259-FZ on digital financial assets.
Requirements for foreign platforms
Foreign platforms wishing to serve Russian customers would be required to obtain a license from the Bank of Russia and to localize operations within the country.
Examples and timeline
Sources cited by RBC named exchanges such as Bybit and OKX as potential targets, with measures possibly taking effect already in summer 2026.
Current status
As of now there are no official decisions on blocking, and authorities have not published a formal timetable for implementation.
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