Russia’s central bank governor Elvira Nabiullina said there are no restrictions for any category of investor on transferring cryptocurrency from Russia to foreign jurisdictions, according to TASS. Her remarks indicate that such outbound crypto transfers are not limited by investor type. At the same time, Nabiullina warned that these transactions currently lack legal protection. The statement leaves the transfer pathway open in practice, but places the risk burden on investors because the activity is not covered by legal safeguards. The comments were reported by TASS and relayed by ChainCatcher in a brief news update.
Elvira Nabiullina, governor of the Bank of Russia, said there are no restrictions for any category of investor on transferring cryptocurrency from Russia to destinations abroad, according to TASS.
She also said investors should be aware that such transactions currently do not have legal protection.
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