Regulation· ★★★· neutral·

Russia's Finance Ministry says budget loses billions in taxes without crypto infrastructure

  • —Chebeskov: budget loses billions in taxes due to missing crypto infrastructure
  • —Ministry proposes creating national infrastructure for crypto operations
  • —Goal is to legalize the industry, protect citizens and enforce rules
  • —Kazakhstan offers tax debt write-offs for moving assets to local platforms
Why it matters: Signals an imminent regulated crypto framework in Russia that could reshape taxation and asset flows.
Source: BeInCrypto RU