According to CoinMarketCap, Russia will implement a unified crypto framework on July 1 that licenses exchanges and depositories, bans privacy coins, and caps retail exposure, formalizing state-approved digital asset markets (source: CoinMarketCap). According to CoinMarketCap, the Bank of Russia will unify rules for investments and transactions and ramp up enforcement in 2027 using banking-style penalties (source: CoinMarketCap). According to CoinMarketCap, traders should monitor July 1 and 2027 as key regulatory dates for venue licensing milestones, asset availability under the privacy coin ban, and retail limit implications across Russia’s state-approved markets (source: CoinMarketCap).

According to @rovercrc, Russia’s biggest bank wants the ban on retail Bitcoin (BTC) trading removed (source: @rovercrc, Oct 4, 2025). The tweet does not name the bank or include an official document or statement to verify the claim (source: @rovercrc). Russia currently prohibits using cryptocurrencies for payments and restricts domestic issuance and exchange under Federal Law No. 259-FZ enacted in 2020 (source: Federal Law No. 259-FZ On Digital Financial Assets, 2020). The Bank of Russia has maintained a restrictive stance toward retail crypto trading in 2022–2023 communications (source: Bank of Russia official publications, 2022–2023). Russia’s largest bank by assets is Sberbank PJSC, but the tweet does not contain confirmation from Sberbank or the Bank of Russia (sources: Sberbank 2023 Annual Report; @rovercrc). Given the absence of official sources in the post, traders should wait for verifiable statements from Sberbank or the Bank of Russia before treating the claim as a catalyst (source: lack of cited official confirmation in @rovercrc’s post).