Russian Tax Service Sends Preliminary Requests to Crypto Exchanges for Contracts and Wallet Addresses
Neutral impact
Russia's Federal Tax Service has started sending preliminary requests to crypto exchanges, asking for purchase-sale contracts and wallet addresses of crypto senders. The aim is to check those using crypto for large purchases, which may violate currency control laws, and to build a database for potential cases against exchange owners for illegal banking activities. The practice is still emerging with few cases so far.