Tax law 13%-15%: The new law defines digital currencies as assets and applies a 13% tax rate for annual income up to 2.4 million rubles and 15% for higher income.

Mining requires reporting: Miners need to report detailed activities to tax authorities and will be exempt from VAT but will face penalties for violations.

Bitcoin price surge: On November 27, Bitcoin reached a record 11 million rubles, with a nearly 45% increase in November, rising from 68,000 USD to 99,000 USD.

Increasing interest: Exchanges such as Deribit and KuCoin reported significant increases in traffic, indicating growing interest in the cryptocurrency market in Russia.