Frequently Asked Questions
Is crypto legal in Moscow?
Cryptocurrency is currently classified as "Restricted" in Moscow. Moscow follows federal Russian crypto regulations. Mining legalized 2024. Crypto payments banned but holding is legal. Moscow-based exchanges operate under CBR oversight.
What is the crypto tax rate in Moscow?
In Moscow, the personal capital gains tax on crypto is 13-15% NDFL, and the corporate tax rate is 20% CIT.
Do I need a crypto license in Moscow?
Yes, a crypto license is required in Moscow. The regulator is Bank of Russia / MinFin under Federal Law on Digital Currency 2024. Estimated licensing cost: varies.
Is crypto mining legal in Moscow?
Yes, crypto mining is legal in Moscow. Electricity costs approximately $0.1/kWh. Mining income is taxed at: Standard corporate tax.
What are the AML/KYC requirements for crypto in Moscow?
KYC requirements for crypto businesses in Moscow are not clearly defined.