Crypto trading shifts as Russia mulls 2026 exchange blocks
The post Crypto trading shifts as Russia mulls 2026 exchange blocks appeared on BitcoinEthereumNews.com.
Russia crypto exchange ban 2026: foreign platforms may be blocked Russia plans to block foreign cryptocurrency exchanges to promote regulated domestic platforms. Experts expect restrictions could begin as early as summer 2026, as reported by FinanceFeeds. Separately, industry coverage suggests initial blocking steps could start this summer while rules are finalized, as reported by CCN. The policy goal is to shift activity to domestically regulated venues. Why it matters: Moscow Exchange crypto platform and fee repatriation The economic stakes are significant: Russian users pay about US$15 billion annually in fees to offshore exchanges, according to Sergey Shvetsov, chairman of the Moscow Exchange’s supervisory board. Domestic platforms aim to capture that revenue once the framework is in place. Regulators estimate daily turnover around 50 billion rubles, roughly $648 million, with millions of domestic participants, according to the Ministry of Finance of the Russian Federation. Onshoring this activity could consolidate compliance oversight and repatriate fee flows. A more permanent regulatory framework is targeted by July 1, 2026, as reported by CoinCentral. That timetable underpins the expectation that foreign platforms without a Russian license or approved intermediaries may face access blocks. Lawmakers have also underscored the need for jurisdictional control over platforms serving Russians. “Rules are needed for the legal operation of crypto exchanges within Russia,” said Anton Gorelkin, First Deputy Chairman of the State Duma Committee on Information Policy, Technologies, and Communications. BingX: a trusted exchange delivering real advantages for traders at every level. Foreign exchanges are expected to need a Russian license, local data storage, and full AML/CTF compliance to operate lawfully, according to legal analyst Ignat Likhunov. Platforms that fail data‑localization checks may be candidates for blocking. Service continuity could be possible through approved intermediaries or Russian‑licensed brokerage infrastructure. Otherwise, users may see website access restrictions and be steered toward…
Filed under: News - @ February 19, 2026 2:20 am