Russia submitted a bill requiring residents, from July 1, 2026, to declare foreign wallet openings, closures, and transactions to tax authorities within one month. The crypto market showed mild recovery, but extreme fear, token unlocks, shutdowns, regulatory moves, and selective altcoin rallies kept overall sentiment cautious and risk-sensitive. Still, fear stayed extreme, while project shutdowns, unlocks, and regulations kept sentiment fragile. This update means users should stay alert, not just to prices but also to regulation, token unlocks, exchange products, and project shutdowns.
Russia Proposes Cryptocurrency Wallet Rules - Crypto Market Update April 4
C
CoinGabbar
Saturday, April 4, 2026·5 min read·Regulation
#Russia#Wallet Rules#Tax Reporting#Global Markets
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