List of Flash News about Bank of Russia
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2025-10-04 04:08 |
Russia’s Largest Bank Reportedly Backs Ending Retail BTC Trading Ban — What Traders Should Verify Now
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). |