🇷🇺 Russia: Regulation, Mining, and New Tools
Sberbank Launches Crypto Asset Custody Services: The largest Russian bank has submitted documents for crypto custody and plans to issue Bitcoin-linked bonds — this is part of a strategy to integrate crypto into formal financial products.
Mining Taxes are Tightening: Only about 30% of mining companies are registered, 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.
Bill on Special Administrative Regions (SAR): Companies on the islands in Primorye and Kaliningrad may gain the right to conduct crypto transactions outside the regulation zone in rubles.
Development of the Digital Ruble Continues: Support for legislation on CBDC and regulation of the crypto market has intensified ahead of the broader rollout of the digital ruble next year.