🇷🇺 Russia: regulation, mining, and new tools
Sberbank launches crypto asset custody services: The largest Russian bank has filed documents for crypto custody and plans to issue bonds linked to Bitcoin — this is part of a strategy to integrate crypto into formal financial products.
Taxes on mining are tightening: Registrations have only occurred for about 30% of mining companies, while the rest remain in the shadow sector, leading to proposals to strengthen control measures and confiscations.
Mandatory reporting for data centers: Hosting providers are now required to provide information about mining clients to tax authorities.
Draft law on special administrative regions (SAR): Companies on the islands in Primorye and Kaliningrad may gain the right to conduct crypto settlements outside the regulation zone of the ruble.
Development of the digital ruble continues: Support for legislation on CBDC and regulation of the crypto market has intensified ahead of the wider implementation of the digital ruble next year.
