Reports say Russia's central bank plans to restrict domestic use of non-custodial crypto wallets under a forthcoming bill on crypto circulation.

First Deputy Chairman Vladimir Chistyukhin is quoted as saying Russian investors would not be able to use non-custodial wallets directly for investments, citing money laundering risks and difficulties of state control.

The same reports say the restriction would not apply to international settlements, where use of non-custodial wallets would remain permitted.

Users could still move crypto from Russian custodial wallets to foreign custodial wallets, and then onward to non-custodial wallets.

No original Central Bank text or bill wording was available in the sources checked, so this remains reported remarks rather than a published rule.