The post Russia Cuts Crypto Reporting Threshold to 60,000 Rubles, Bitcoin Flows in Focus appeared on BitcoinEthereumNews.com.
Crypto News Russia is moving to force detailed reporting on crypto transfers above 60,000 rubles, roughly $780, handing its financial-intelligence agency Rosfinmonitoring sweeping visibility into digital-asset flows. Under the draft amendment, any digital-asset depository operating in Russia — plus foreign institutions serving Russian clients — must report once a transfer crosses that line, down from the earlier 100,000-ruble ceiling. The disclosure is granular: legal or personal names of both counterparties, wallet identifiers, addresses, dates of birth and tax numbers. For transfers below the floor, only the client name and wallet ID are required. The rule targets one of the sanctions-era’s fastest-growing payment rails. The proposal draws a second, higher line for cross-border commerce. Crypto settlements tied to foreign trade would be automatically forwarded
The post Russia lowers crypto reporting threshold to 60,000 rubles appeared on BitcoinEthereumNews.com.
Russia is preparing additional legislation allowing Rosfinmonitoring, the country’s financial-intelligence service, to have the power to control cryptocurrency transactions and acquire detailed personal information for transactions exceeding 60,000 rubles. This plan can be interpreted as a sign showing that one of the largest channels of digital payments created during the sanctions era is going under the control of state authorities. The issue extends well beyond Russia’s territory. Deputy Finance Minister Ivan Chebeskov stated in October 2025 that approximately 20 million Russians use cryptocurrency “in one way or another” and that the scale of usage mandates the development of domestic infrastructure capable of ensuring user safety and generating innovations for economic development. In February 2026, he reiterated this point at the Alfa Talk forum when he stated that the volume o
The post Russia Delays AML Crypto Bill to Sept 1 as U.S. CLARITY Act Gains Steam appeared on BitcoinEthereumNews.com.
Russia has delayed its sweeping anti-money laundering (AML) crypto legislation to September 1, 2026, while the United States is showing renewed momentum on the CLARITY Act, creating one of the sharpest regulatory contrasts between the two powers in the crypto space. Russia Pushes Back Crypto AML Bill to September 1 Russia’s long-awaited legislation granting Rosfinmonitoring, the Russian Federal Financial Monitoring Service, sweeping authority over all digital asset activity has been delayed. According to Wu Blockchain, citing Bits.media, the bill was originally slated for July 1 implementation but is now expected to take effect on September 1. The law will impose comprehensive monitoring of all crypto transactions in Russia. For transactions of more than 60,000 RUB (~$760), the names of the payer and payee, wallet addresses, entity details, dates of birth, and tax IDs m
