Crypto Taxation in Russia
When you trade or earn cryptocurrency in Crypto Taxation in Russia, the legal framework that determines how digital asset gains are taxed by the Russian government. Also known as crypto income tax Russia, it’s no longer optional to report — the Federal Tax Service now tracks wallet addresses and exchange activity through banks and payment processors. If you bought Bitcoin in 2023 and sold it for rubles in 2025, you owe tax. If you earned tokens from staking or airdrops, those count as income. There’s no gray area anymore.
The rules changed in 2024 when Russia officially classified crypto as property, not currency. That means every sale, trade, or conversion triggers a taxable event. The tax rate? 13% for residents, 30% for non-residents. You must file a 3-NDFL form by April 30 each year, listing every transaction — buys, sells, swaps, even gifts. The system doesn’t care if you used Binance, Bybit, or a P2P app. If the money moved through a Russian bank account, it’s visible. Many users still trade through offshore platforms, but the government now cross-references bank transfers with blockchain analytics tools. If your account suddenly shows a 500,000 ruble deposit with no salary history, expect a letter.
What about mining? If you run a rig at home and sell the coins, it’s taxable income. If you mine as a business — say, with multiple machines in a warehouse — you need to register as a self-employed individual or legal entity. Some miners try to hide their operations, but power consumption data is now shared between energy providers and tax authorities. The state doesn’t need to know your wallet address — it just needs to see your electricity bill spike in sync with Bitcoin’s price.
There’s no official crypto tax calculator in Russia, so you’re on your own to track every transaction. Most people use Excel or free apps like Koinly or CoinTracker, then manually convert everything to rubles using the Central Bank’s daily rate on the transaction date. Don’t rely on exchange rates from Binance or Bybit — the tax office only accepts official data.
And yes, there are penalties. Late filing? A fine of 5% per month, up to 30% of the owed tax. Falsifying records? That’s fraud — up to two years in prison. The government isn’t going after small traders with $1,000 gains. But if you’ve moved over 1 million rubles in crypto over two years, you’re on their radar.
What you’ll find in this collection are real stories and breakdowns from people who’ve been through it — Russians who paid taxes legally, others who got caught, and guides on how to stay compliant without overpaying. You’ll see how crypto taxation in Russia compares to places like Kazakhstan and Belarus, why some traders moved abroad, and what tools actually work for tracking transactions under strict rules. This isn’t theory. It’s what’s happening right now.
