According to RBC, Vladimir Chistyukhin, the First Deputy Governor of the Russian Central Bank, stated that in the future, cryptocurrency transactions within Russia will only be allowed through non-cash methods. There will be no mechanism introduced for exchanging Bitcoin into cash rubles, ensuring controlled fund flows and preventing illegal activities like money laundering. Since last fall, the Russian Central Bank and the Ministry of Finance have been advancing a regulatory bill for the crypto market. The bill was submitted to the State Duma this March and is expected to take effect on July 1, 2026. Institutions conducting business without a license will face severe penalties. https://www.(wublock123.com)/news/russia-central-bank-bans-cash-crypto-exchanges-59387