{"id":49513,"date":"2021-09-15T15:24:23","date_gmt":"2021-09-15T12:24:23","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=49513"},"modified":"2025-09-02T13:00:41","modified_gmt":"2025-09-02T10:00:41","slug":"bank-of-russia-proposes-curbing-bank-payments-to-bitcoin-exchanges","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bank-of-russia-proposes-curbing-bank-payments-to-bitcoin-exchanges\/","title":{"rendered":"Bank of Russia proposes curbing bank payments to Bitcoin exchanges"},"content":{"rendered":"

The Bank of Russia, together with credit institutions, will create a mechanism to block payments to cryptocurrency exchanges and exchangers. This, according to the Bank of Russia’s first deputy chairman Sergei Shvetsov, writes<\/a> RIA Novosti.<\/p>\n

Thus, the regulator plans to combat ’emotional purchases of cryptocurrencies’.<\/p>\n

Shvetsov noted that the central bank does not protect such investments, and the custody of digital currencies carries a number of risks.<\/p>\n

\n

“We are starting to work with the banking system to slow payments to exchange points and crypto exchanges, fencing off opportunities for emotional purchases of such products,” he added.<\/p>\n<\/blockquote>\n

According to Sergei Shvetsov, the Bank of Russia is also considering legislative changes to “more clearly prohibit” the use of cryptocurrency and to introduce administrative and criminal liability<\/a>.<\/p>\n<\/div>\n

Earlier, the Bank of Russia blocking cards and accounts for transactions with Bitcoin exchangers<\/a>.<\/p>\n

Lawyers for ForkLog assessed the threat posed by new regulatory measures.<\/p>\n

Subscribe to ForkLog’s news on Telegram: ForkLog Feed<\/a> \u2014 the full feed of news, ForkLog<\/a> \u2014 the most important news, infographics and opinions.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Bank of Russia, together with credit institutions, will create a mechanism to block payments to cryptocurrency exchanges.<\/p>\n","protected":false},"author":1,"featured_media":26216,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[345,1229,1166,1269],"class_list":["post-49513","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bank-of-russia","tag-banks-and-fintech","tag-centralized-exchanges-cex","tag-cryptocurrencies"],"aioseo_notices":[],"amp_enabled":true,"views":"33","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/49513","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=49513"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/49513\/revisions"}],"predecessor-version":[{"id":49514,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/49513\/revisions\/49514"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/26216"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=49513"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=49513"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=49513"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}