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

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.

Written by our news service from the 3 sources below, updated September 23, 2026.