🇷🇺 Russia

Cryptocurrency activities in Russia are restricted under the Federal Law 'On Digital Financial Assets' (2020) and the Federal Law 'On Mining' (2024). The Central Bank of Russia maintains tight controls and has not provided clear regulatory support for crypto businesses.

Overview

StatusRestricted
Risk Score85/100 (Very High Risk)
Regioneurope
CurrencyRUB
Adoption Rank#5

Tax

Capital Gains (Personal)13% income tax (15% above RUB 5M annual income)
Capital Gains (Corporate)25% corporate tax (increased from 20% in 2025)
VAT on CryptoNo

Licensing

RequiredYes
RegulatorCBR / MinFin
FrameworkFederal Law 'On Digital Financial Assets' (2020)
Easehard
Cost$50,000 - $500,000

Licensing is required for crypto service providers, but obtaining licenses is difficult due to strict regulatory environment.

DeFi

Status: Restricted

DeFi activities face significant regulatory restrictions and are closely monitored by authorities.

Stablecoins

Status: Restricted

Stablecoins are subject to restrictive regulations under the digital financial assets law, limiting their issuance and use.

NFTs

Status: Unclear

No NFT-specific regulation. NFTs may be classified as digital rights or digital financial assets depending on structure.

Mining

LegalYes
Electricity$0.038/kWh
Renewable20%
Infrastructurefair

Mining is legal but restricted due to regulatory and energy policy constraints. Infrastructure is moderate with some data centers but limited by sanctions and energy export priorities.

Geopolitics

Stabilityunstable
SanctionsYes
Corruption Index28/100
Banking Accessvery_restricted

Last reviewed: 2026-04-13 · Data source: Soken Crypto Legal Map

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