cryptocurrency legal in russia

I just finished reading the new Russian crypto law—it's a big shift, but the government still allows trading as long as you use licensed exchanges. crypto is legal in russia

If you're a trader, remember that the new regulations require KYC on all wallet providers; non‑compliant services will be shut down.

The Ministry's draft states that ICOs are prohibited unless they meet strict disclosure standards; this will limit new project launches.

From a tax perspective, crypto gains are now taxable as capital gains, so keep accurate records to avoid audit issues.

I’m worried about the enforcement—there have been reports of random raids on unregistered exchanges. cryptocurrency is legal in india

For developers, the law introduces a licensing fee for operating a crypto platform; it could raise startup costs significantly.