Regulation of Cryptocurrencies in Russia

Our member firm in Russia, Freytak & Sons, has provided an informative and up to date overview of the current approach to the regulation of cryptocurrencies in Russia. This is the first of a series of updates on this and similar topics from Interlegal members. Not long time ago, the Russian cryptocurrency market participants received a clear signal from the state that it does not intend to remain on the sidelines of any processes related to the digital reality and does not intend to abandon their regulation.