Russia marks end of a year that proved a turning point for its crypto policy
Crypto users in Russia are bidding farewell to 2025, the year that brought a significant shift in Moscow’s mood regarding cryptocurrencies.
In the last 12 months, Russians saw the attitude of their financial regulators gradually change, laying the ground for comprehensive regulation that’s coming in 2026.
It all began with legalizing Bitcoin mining
Actually, the wind of change started blowing in late 2024, when Russian authorities regulated cryptocurrency mining, making it the first legally recognized crypto activity in the country.
The government wanted to tap into the profits of the growing industry, which has been exploiting Russia’s competitive advantages in this field.
Abundant and cheap energy resources, as well as…
