Disclaimer: Information found on CryptoreNews is those of writers quoted. It does not represent the opinions of CryptoreNews on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoreNews covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.
Over one-third of Russians express concerns about government oversight of cryptocurrencies, according to a survey., 2026/04/12 14:33:14

29% of Russians view government regulation of cryptocurrencies positively, yet they express concerns that state oversight may be excessive. This was revealed in a survey conducted by the financial marketplace “Vyberu.ru,” with results reported by RBC.
The study indicates that 14% of Russians are firmly opposed to government involvement and stated they would not disclose information regarding their income and digital assets. 37% of respondents believe that cryptocurrency should be classified as property and regulated similarly to other assets, such as real estate and bank accounts. One in five Russians does not trust cryptocurrencies and does not regard them as a legitimate asset.
36% of the population in Russia are willing to use cryptocurrency for personal savings and long-term investments, but only if the government establishes its legal status, according to the survey results. 27% of the population already owns digital assets but do not consider them a viable means of saving due to their high volatility. Approximately 21% view cryptocurrency solely as a speculative tool. 16% do not intend to use digital currency for investments or savings.
Among those who already possess cryptocurrency:
-
42% hold 5–10% of their capital in it;
-
29% maintain 10–25%;
-
16% possess 25–50%.
Meanwhile, 9% concentrate more than half of their funds in crypto assets, and only 4% have over 75% of their capital in digital currency, as indicated by the survey.
Regarding the rights to manage such assets, over a third, 34%, believe it is crucial to establish inheritance mechanisms, while 29% support the inclusion of these assets in divorce and property division considerations. One in four Russians admitted they are unsure how to technically facilitate the transfer of access to cryptocurrency. Additionally, 13% consider these issues premature.
The Bank of Russia, in collaboration with the Ministry of Finance, has submitted a package of bills to the State Duma aimed at regulating cryptocurrencies. The implementation of this package is scheduled for July 1. Deputy Chairman of the Central Bank, Vladimir Chistyukhin, has promised that it will no longer be possible to legally cash out cryptocurrency.
Furthermore, fines will be introduced in Russia for those who fail to notify the tax authorities about foreign cryptocurrency wallets.