Russia Crypto Regulations: What You Need to Know in 2025

When it comes to Russia crypto regulations, the legal framework governing digital assets in Russia, including taxation, trading, and mining rules as of 2025. Also known as Russian cryptocurrency law, it’s no longer a gray area—it’s a strict system with real penalties for non-compliance. Unlike countries that ban crypto outright or embrace it fully, Russia walks a tightrope: it allows ownership and trading but tightly controls how money moves in and out.

One of the biggest shifts happened in 2024, when Russia officially recognized crypto as a financial asset, not currency. That means you can hold Bitcoin or Ethereum, but you can’t use them to pay for coffee. The crypto tax Russia, the mandatory income tax on profits from selling or trading digital assets in Russia is now 13% for residents, and you’re required to report every trade—even if you didn’t cash out. The Federal Tax Service has direct access to exchange data, so hiding transactions is risky. If you mined crypto, those rewards are taxed as income the moment they hit your wallet. No exceptions.

Then there’s crypto mining Russia, the legal and regulated activity of validating blockchain transactions using computational power within Russia. In 2025, mining isn’t banned—it’s licensed. The government created a national mining registry, and only registered operators can use more than 1 MW of power. Small-scale miners? They’re still allowed, but they must register with local authorities and pay electricity fees at commercial rates. Some regions even offer tax breaks to attract miners, but you need paperwork, not just a rig in your garage.

And what about exchanges? crypto exchange Russia, any platform operating legally within Russia that allows buying, selling, or trading digital assets under state supervision, must be registered with the Central Bank. Foreign exchanges like Binance or Coinbase aren’t blocked, but you can’t deposit rubles directly. You have to use P2P platforms or over-the-counter brokers, which means higher spreads and more risk. If you’re trading on a foreign site, you’re still responsible for reporting gains to Russian tax authorities.

There’s no such thing as a crypto loophole in Russia anymore. The state tracks wallets linked to Russian IDs, monitors cross-border transfers, and fines people who don’t file. The rules aren’t designed to stop crypto—they’re designed to control it. That’s why the most successful users aren’t the ones trying to hide—they’re the ones who understand the system and play by its rules.

Below, you’ll find real-world breakdowns of how these rules affect everyday traders, miners, and investors. From tax filing tools that work in Russia to exchanges that still let you trade rubles for crypto, we’ve gathered the only guides that matter right now.