Cryptocurrency News

Russian bankers reportedly want to outlaw noncustodial crypto wallets

2022.04.18 15:31

Russian bankers reportedly want to outlaw noncustodial crypto wallets
Russian bankers reportedly want to outlaw noncustodial crypto wallets

A major Russian banking association wants to criminalize keeping your own cryptocurrency keys.

The Association of Banks of Russia, an organization including more than 300 Russian banks and financial institutions, has called on lawmakers to criminalize storing crypto outside of centralized exchanges on noncustodial wallets, local news agency Izvestia reported on Monday.

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