The Russian government has submitted a bill to the State Duma, proposing that starting from July 1, 2026, Russian residents must report the opening and closing of foreign crypto wallets to the Federal Tax Service, as well as disclose related crypto asset transaction records. The bill aims to include crypto assets under a regulatory framework similar to foreign bank accounts. Residents will be required to complete the declaration within one month of opening or closing a wallet. If transferring funds to foreign wallets via licensed Russian intermediaries, the relevant institutions will also require users to provide proof of declaration to the tax authorities. (http://Bits media) https://(wublock123.com)/news/russia-to-mandate-reporting-of-foreign-crypto-wallets-and-trades-59072