Russian State Duma Passes First Reading of Crypto Taxation Bill

The Russian State Duma has approved in the first reading a legislative bill on the taxation of cryptocurrency operations. The measure is designed to synchronize the Tax Code with the upcoming federal law "On Digital Currency and Digital Rights," which is expected to establish a comprehensive legal framework for digital assets.

The bill was adopted on June 9 and marks a step toward formalizing tax obligations for crypto-related activities in Russia. Further details on the specific changes and implementation timelines have been covered in separate analyses, including a podcast by Russian crypto media outlet ForkLog.