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3 sourcesTracking since 13h ago

Russia introduces crypto reporting rules and warns of losses from foreign freezes

In brief

Russia is introducing rules requiring investors to report foreign cryptocurrency transactions. Deputy Finance Minister Ivan Chebeskov said investors could bear losses if foreign stablecoin issuers freeze their assets outside the control of Russian digital asset depositories. Crypto holdings in the country were reported at 3.7 trillion rubles, or about $44 billion.

Summary written by HeraldLoop from 3 sources · updated 27m ago

What changed

  1. 13h agoRussia mandates investors report foreign crypto transactions, warns of losses from stablecoin freezes · CryptoBriefing
  2. 10h agoRussia sets crypto reporting rules as holdings hit $44B · Crypto.news
  3. 6h agoRussia Says Crypto Investors Will Bear Losses if Foreign Issuers Freeze Their Assets · TheNewsCrypto

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