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Greenland vs Russia

Crypto regulation comparison

← Back to map | Greenland | Russia
Greenland

Greenland

Russia

Russia

No Data
Partially Regulated

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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 Unclear
Tax Type Income
Tax Rate N/A
Tax Rate 13-15%
Exchanges No No
Exchanges No No
Mining No No
Mining Yes Yes
Regulator -
Regulator CBR (Central Bank of Russia), Ministry of Finance
Stablecoin Rules -
Stablecoin Rules Crypto payments banned; digital ruble CBDC introduced
Key Points

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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

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Sources
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