The new DEFI platform enters the market! Earn passively - token sale 0.25 $ I'm going in!

Russia will legalize crypto

2 min reading
Russia will legalize crypto

Russia is preparing for the possible legalization of cryptocurrency trade. For a long time, the parliament has been waiting for this decision.

Legal solutions

In February this year, it was announced that Russia should have written new laws regarding digital economy. Federal regulations would also include establishing transactions in an electronic form and regulations regarding digital assets. According to reports, Parlamentskaya Gazeta, the Russian Minister of Finance and the head of the central bank are working on the law. Projects in which cryptocurrencies are to be legal have been drafted, while discussions about their status as a means of payment are still ongoing. The central bank is against the whole idea.
The regulations prohibit mutual transactions between legal and natural persons. It seems that the bill is about defining cryptocurrencies as securities.
That's how Nina Efimova, working in the government department dealing with legal regulations in the field of economics, comments this case.


Legalization of crypto trade in Russia can have extremely positive effects for the entire industry. Russia is one of the leaders in the Bitcoin trade, despite the hard domestic policy that prohibits the mining and use of it. This meant a fall in the credibility of Bitcoin. Regulations in Russia can also make people simply gain more confidence in coins. More and more people will be able to enter this industry and find out that it does not bring so much controversy.
Currency Exchange rate Buy cryptocurrency

Buy crypto now

Dear customer,

We use cookies to provide our services correctly and safely. Cookies are small text-based data sets that shall be saved on the device you are using in connection with the use of this instnat website. Cookies are created in order to ensure proper functioning of thes instant website. By clicking the button "I accept and go to the website", you implicitly agree to creation of the cookies on your computer and to deploy automatic tracking and data collection and processing on behalf of the Lushup Holdings FZ LEE. Click the above-captioned button is also tantamount to accepting website's privacy policy. Closing the notification by means of "X" is unequivocally connected with your consent. If you do not agree to any of the above, please discontinue using our Website.

“Cookies” shall make an identification of the software used by you and to customization of this instant website to your needs. Cookies contain the name of the domain from which they origin, duration of period of their storage on your computer and an assigned value.

Third party cookies:
We also use third-party cookies for the following purposes:

  • creating statistics - helping to understand the way Users use the Website, which allows to improve its structure and content with use of the analytical tools
  • defining a user profile - in order to display custom-tailored content in advertising networks.

External entities that might be source of any third-party cookies on this instant Website are as follows:

Using a settings of your web browser or by using pre-set configuration tools available in our service you can independently and at any time change the settings concerning your use of the “cookies”, specifying the conditionsof their storage and how your device is creating and downloading them. These settings can be changed to block the automatic handling of cookies in the settings of your web browser or inform about their placement on your device each time.

Detailed information about the options related to use of “cookies” is available in the settings of your software (web browser).

Service privacy policy

This instant document lays out the principles of the Privacy Policy on the website (hereinafter referred to as the "Website" or "Service"). The administrator of the Website is Lushup Holdings FZ LEE, Fujairah - Creative Tower, P.O.Box 4422 Fujairah, United Arabs Emirates.

The full document to read the Tokeneo privacy policy is available in this document.

Advanced settings can be changed in your browser.