Crypto Traders Brace for Disruption as Russia Tightens Cash Controls

Russia’s new law, effective Sept. 1, 2025, reportedly allows banks to cap ATM withdrawals at $600 (50,000 rubles) for 48 hours if transactions appear suspicious—a move aimed at curbing financial fraud. However, experts warn that the legislation will significantly disrupt cryptocurrency trading, especially for small exchange offices and peer-to-peer platforms that rely heavily on cash.