[Illegal Cryptocurrency Exchanges to Cease Operations by July 2027, Says Russian Central Bank] Odaily Planet Daily reports that the Russian Central Bank has stated its desire for illegal cryptocurrency exchanges and related gray areas to disappear by July 1, 2027. Previously, on August 4, Putin signed a cryptocurrency legalization law, recognizing digital currencies as property and assigning market regulatory responsibilities to the Russian Central Bank. The main provisions of this law took effect on September 1, 2026, allowing cryptocurrency exchanges not listed in the central bank's registry to continue operations until July 1, 2027.