During the speech at the Blockchain Forum Forum 2025 conference, Deputy Director of the Department of Financial Policy of the Ministry of Finance of the Russian Federation Osman Kabaloev said that the regulation of digital assets in Russia is more liberal in comparison with other countries.

According to Kabaloev, in Russia there is no ban on the implementation of the extracted cryptocurrency, miners are allowed to sell digital assets at any sites, and there is a clear procedure for their declaration and taxation.

At the same time, what is now in the gray zone requires further study. The experimental legal regime (EPR) under the control of the Bank of Russia for organized bidding-this is a step towards investment regulation, the official pointed out.

He noted that EPR is an instrument for legal sale of cryptocurrency inside the state, but it is not designed for mass participation. Bank of Russia and national security bodies are involved in the regime, and its task is to test approaches for several years.

According to Kabaloev, the decentralized finance sector (Defi) is one of the most difficult to regulate. The Ministry of Finance proposes to test models of technology regulation, not intermediaries, including through the creation of analogues of decentralized autonomous organizations (DAO).

Earlier, the Minister of Finance Anton Siluanov said that his department, together with the Central Bank, plans to launch a cryptocurrency exchange controlled by the state for superclified investors.