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Crypto Briefing

Bank of Russia confirms self-custody wallet restrictions exclude international payments

By John Chen

Russia's crypto policy maintains international trade flexibility amid sanctions, while domestically tightening control over digital transactions. The post Bank of Russia confirms self-custody wallet restrictions exclude international payments appeared first on Crypto Briefing.

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Cryptocurrency

A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.

Crypto prices are volatile, and governments are still deciding how to regulate it.

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Sanctions

Penalties such as trade bans, asset freezes or travel bans imposed by one or more countries on another country, group or person.

Sanctions are used to pressure governments without military action, with costs for both sides.

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