ChainCatcher report, according to FinanceFeeds, Russia plans to begin blocking foreign cryptocurrency exchange websites in summer 2026 to redirect crypto activity to locally licensed platforms, reduce capital outflows, and enhance regulation. This initiative stems from new legislation expected to advance this spring, involving technical filtering by Roskomnadzor; Russian participants conduct approximately 5 billion rubles in daily crypto trading, mostly on overseas platforms. Sergey Shvetsov, Chairman of the Supervisory Board of the Moscow Exchange, stated that Russian traders pay around $15 billion annually in commissions to global exchanges, and local platforms aim to capture this market. Experts note that fully blocking foreign platforms will be challenging and may drive activity toward opaque channels.
Russia plans to block foreign crypto exchanges in summer 2026 and promote local platforms.
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Summary
Russia plans to block foreign crypto exchanges by summer 2026 under new legislation, directing activity toward domestic platforms. This move aligns with global regulatory trends such as MiCA and CFT measures. Roskomnadzor will begin technical filtering in spring. Daily crypto transactions in Russia reach 50 billion rubles, mostly conducted abroad. Sergey Shvetsov stated that Russian traders pay $15 billion annually in foreign commissions. Local exchanges aim to capture this market, though experts warn that complete blocking may be difficult and could push activity into less transparent channels.
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