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Bank of Russia Bans Crypto Transfers to Its Cold Wallet

Summary by MyCryptoParadise
the breakdown Market briefing: The Bank of Russia has banned crypto transfers to its own cold wallet, a fresh state move against self custody. BTC was near $81,427 and down 2.8 percent, with ETH off 5.5 percent as the market priced the headwind. The Bank of Russia banned the transfer of cryptocurrency to its own cold wallet. BTC traded near $81,427, down 2.8 percent on the day, with ETH down 5.5 percent. A major central bank restricting crypto…

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The Central Bank has explicitly prohibited individuals from transferring digital currency to their own non-castodial purses, as explained by the regulator. Russian individuals are no longer allowed to convert cryptivate to their own "cold" wallets. This is stated in the regulator's official explanations, TASS transfers. "No, the conversion of the digital currency by a natural person to a non-castodial wallet in accordance with article 31, paragr…

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vz.ru broke the news on Thursday, October 15, 2026.
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