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).

According to the source, Russia’s largest stock exchange, the Moscow Exchange MOEX, has asked regulators to lift the ban on retail Bitcoin BTC trading. MOEX is Russia’s largest bourse by trading volume, according to Moscow Exchange Group disclosures. Retail access to digital currency is restricted for non-qualified investors and crypto is prohibited as a means of payment in Russia, according to the Bank of Russia and Federal Law No. 259-FZ. Traders are watching for any official response and potential effects on BTC-RUB market access and local spot liquidity, as regulatory news has historically coincided with changes in crypto trading volumes, according to research by the Bank for International Settlements.

According to Crypto Rover, Russia has introduced a bill to classify Bitcoin as property, marking a significant legal development for cryptocurrency traders. This move could offer greater legal protection for Bitcoin holders and may enable more robust enforcement of property rights, impacting how Russian courts handle crypto asset disputes. The bill is expected to influence both local and international trading activity, as clearer asset classification often leads to increased institutional participation and compliance-driven inflows. Traders should monitor regulatory updates closely, as this legal clarity may boost Bitcoin adoption and affect its price volatility in global markets. (Source: Crypto Rover on Twitter, May 21, 2025)