Russia will ban individuals from directly trading cryptocurrencies with each other from July 1, 2027, blocking peer-to-peer transactions conducted without intermediaries, Cointelegraph reported. Under the measure, retail investors will be able to buy and sell crypto only through approved intermediaries. The central bank also reaffirmed that moving crypto from digital accounts to self-custodied, non-custodial wallets in a person’s own name will not be allowed. Sberbank has been approved to offer crypto exchange services.

Bitcoin hardliner Samson Mow (샘슨 모우) questioned Zcash’s sharp rise, arguing its market capitalisation is excessive after the token surged more than 1,000 percent since the start of the year. He said Zcash’s value was artificially inflated and would revert to the mean, adding there was not enough speculative money to sustain its position as a top-10 cryptocurrency with a market cap above $22 billion. Zcash supporters pointed to network upgrades and shifting liquidity conditions.