On January 01, 2021, Federal Law No. 259-FZ entered into force

On January 1, 2021, Federal Law No. 259-FZ "On digital financial assets, digital currency and on amendments to certain legislative acts of the Russian Federation" came into force, which laid the foundations for regulating the cryptocurrency industry in our country.
The law contains the concept of "digital currency", which refers to bitcoin and many other coins issued using blockchain technologies.