On the first day of this year, a bill prohibiting the payment of goods and services provided in Russia with cryptocurrency came into force. Advertising for making payments was also banned (that is, if a person publishes an ad that sells a car for crypto – it is illegal). In addition, the crypto has received its own definition. Without going into details, then now it is a digital code used as an investment, the accumulation of finance. However, in Russia, it is prohibited to use it as a means of payment for any product or service. From the point of view of the tax service – this is property that can be given, bequeathed, sold/bought. If a person is the owner of any amount in digital currency, he will need to file a declaration to the tax office. This document is supposed to display the very fact of owning a crypto and all transactions carried out with it. Also, companies are allowed by law to issue their own coins. So, citizens of the Russian Federation can make a purchase or sale of digital money, carry out any other actions with it. But you cannot pay with cryptocurrency for the goods or services you receive. Also, at the level of legislation, it is supposed to regulate mining, organize the issuance of digital money, their turnover and taxation in Russia.