EconomyLack of crypto infrastructure costs Russian budget billions in lost tax revenue, ministry says
Russia’s Deputy Finance Minister Ivan Chebeskov said the absence of cryptocurrency infrastructure costs the state budget billions in taxes because the industry does not pay them. He said building domestic infrastructure would help legalize the activity, understand how it operates, protect citizens and ensure compliance with rules. Russia is following the global trend toward crypto regulation and legalization.
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TASS★★★☆☆2026-10-08 15:46Original
Lack of crypto infrastructure costs Russian budget billions in lost tax revenue, ministry says