BTC $67,302.00 (+0.77%)
ETH $1,954.73 (-0.63%)
XRP $1.42 (-0.05%)
BNB $607.82 (+0.22%)
SOL $83.00 (+1.40%)
TRX $0.28 (+1.27%)
DOGE $0.10 (+0.11%)
BCH $560.43 (+0.28%)
ADA $0.27 (-0.30%)
LEO $8.66 (+0.13%)
HYPE $29.44 (+3.16%)
XMR $335.33 (+1.52%)
LINK $8.61 (-0.61%)
CC $0.16 (-3.47%)
XLM $0.16 (-0.77%)
RAIN $0.01 (-1.63%)
ZEC $265.58 (+0.30%)
HBAR $0.10 (-1.22%)
LTC $53.08 (-1.00%)
AVAX $8.93 (+0.27%)

Belarus vs Russia

Crypto regulation comparison

← Back to map | Belarus | Russia
Belarus

Belarus

Russia

Russia

Legal
Partially Regulated

Belarus legalized cryptocurrency through Decree No. 8 (2017), creating a favorable environment in the Hi-Tech Park special economic zone. As of 2025, crypto transactions via HTP residents remain tax-exempt, while transactions on foreign platforms are taxed at 13%. A crypto bank framework was introduced in 2026.

Russia's crypto regulation is complex and evolving. The 2021 'On Digital Financial Assets' law recognizes crypto as property but bans its use as a means of payment. Mining was legalized and regulated in 2024 under a new mining law. Crypto is taxed as income at 13-15%. The CBR pushed for a total ban on crypto trading but was overruled by the government, which favors regulation. International sanctions have complicated Russia's crypto landscape.

Tax Type Varies
Tax Type Income
Tax Rate 0% (HTP) / 13% (foreign platforms)
Tax Rate 13-15%
Exchanges Yes Yes
Exchanges No No
Mining Yes Yes
Mining Yes Yes
Regulator Hi-Tech Park (HTP), National Bank of the Republic of Belarus
Regulator CBR (Central Bank of Russia), Ministry of Finance
Stablecoin Rules No specific stablecoin regulation
Stablecoin Rules Crypto payments banned; digital ruble CBDC introduced
Key Points
  • Decree No. 8 'On the Development of the Digital Economy' legalized crypto in 2017
  • Income from crypto via HTP residents and mining remains tax-exempt; 13% tax on foreign platform transactions since 2025
  • Crypto exchanges and businesses must operate through Hi-Tech Park residency
  • Mining is legal and considered a business activity
  • HTP preferential regime extended until 2049; crypto bank framework introduced in 2026
Key Points
  • Digital Financial Assets law (2021) recognizes crypto as property but bans use as payment
  • Crypto mining officially legalized and regulated under 2024 mining legislation
  • Crypto income taxed at 13% (up to RUB 5M) or 15% (above RUB 5M)
  • Domestic crypto exchanges not legally operating; P2P trading widespread. CBR framework Dec 2025 targeting July 2026.
  • International sanctions have increased interest in crypto for cross-border transfers
Sources
Sources