Russia Bitcoin Reserves and Cryptocurrency Policies
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Russia Bitcoin Reserves and Cryptocurrency Policies

Russia embraces crypto for trade and mining to counter sanctions, with plans to stockpile seized Bitcoin, though strategic reserves face volatility concerns in 2025.

๐Ÿช™ Bitcoin Reserves

~50โ€“200 BTC from seizures
Valued at ~$5Mโ€“$20M (May 2025)

โš–๏ธ Regulatory Stance

Neutral
Pro-crypto for trade and mining, restrictive domestically

๐Ÿ›๏ธ Government Activity

Legalized mining; uses crypto for trade
Plans national crypto stockpile from seizures

Russia Cryptocurrency Profile

Country BTC Reserves % of Global Holdings Legal Status Last Updated Key Policies
Russia ~50โ€“200 BTC Estimated ~0.0005% Neutral 2025-05-20
  • Crypto mining legalized (Aug 2024); accounts for 1.5% of national energy consumption
  • Bitcoin recognized as property; 13% tax on crypto earnings up to 2.4M RUB (Nov 2024)
  • Crypto used for oil trade with China and India to skirt sanctions (2025)
  • Central bank proposes crypto investments for wealthy individuals (Mar 2025)
  • Plans national crypto stockpile from seized assets (Mar 2025)
  • Strategic Bitcoin reserve proposed by Anton Tkachev, rejected due to volatility (Dec 2024)
  • Crypto not legal tender; only RUB accepted; Bitcoin ~20% of crypto trade volume
  • ~5M Russians (~3% of population) use crypto; $50B in transactions (2023โ€“2024)