Purchasing cars with cryptocurrency in Russia is illegal and could incur fines up to 40% of the vehicle's value, according to RBC. The Law on Digital Financial Assets prohibits using crypto for goods and services, with fines set to begin in 2026. Despite this, some intermediaries attempt to circumvent regulations by listing car prices in rubles while accepting stablecoins like USDT. However, these transactions are treated as cash payments by tax authorities, exposing buyers to potential fraud and penalties under foreign exchange laws.
Russia Imposes 40% Fines for Car Purchases with Cryptocurrency
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