❗Following Binance and OKX, the Bybit exchange has removed all banks affected by sanctions from the P2P section — including Sber, Tinkoff, and Alfa.
📉 What has changed:
Russian banks are no longer displayed in the list of payment methods on P2P.
Users from the Russian Federation can no longer buy or sell USDT directly through bank transfers.
However, the P2P platform continues to operate, but with a limited selection of international payment methods (AdvCash, Revolut, crypto transfers, etc.).
📜 Why this happened:
Bybit is following the example of Binance and OKX, which previously excluded Russian banks to avoid the risk of secondary sanctions.
International regulators are tightening control over any platforms that involve banks from the sanctions list.
💬 Community reaction:
Traders note that the P2P market is now shrinking, and fees on alternative platforms have sharply increased.
Many are switching to non-custodial solutions or using stablecoins outside of centralized exchanges.
Context:
Binance restricted Russians back in 2023.
OKX and Bybit — in October 2025, almost simultaneously.
At the same time, interest in DeFi platforms, where there is no KYC and sanction pressure, is growing.
