Russian Central Bank Supports FSB Access to Licensed Crypto Wallets
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AI-assisted source synthesis · not an independent investigation.
A report dated October 30, 2026, stated that the Central Bank of Russia said the Federal Security Service (FSB) would receive immediate access to the private keys of crypto wallets used by Russian residents and businesses to store assets with licensed custodians. Starting March 1, 2027, crypto exchanges, brokers, and digital custody platforms must also provide the FSB with remote, around-the-clock access to data, including customer communications and other records. The report also stated that holding and using crypto assets in Russia must be done through approved service providers; personal self-custody wallets are effectively prohibited in the domestic market but may still be used for cross-border payments.
AI-written from reports · updated 1 hour ago
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- CryptopolitanSelectedRussia's central bank backs FSB access to private keys and customer data from licensed custodial wallets
Russia's central bank said the FSB will have immediate access to the private keys of crypto wallets held by Russian residents and businesses with licensed custodians. From March 1, 2027, crypto exchanges, brokers, and digital custody platforms will also be required to provide remote 24/7 data access, including customer communications and other records. Holding and using crypto assets in Russia must be conducted through approved service providers. Personal self-custody wallets are effectively prohibited in the domestic market, but may be used for cross-border payments.
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