Is it permitted to use foreign cryptocurrency exchanges?

Russian legislation does not prohibit individuals and companies from using foreign cryptocurrency exchanges, provided that such activities do not violate domestic prohibitions—particularly the ban on using cryptocurrency as a means of payment within the territory of the Russian Federation (Part 5, Article 14 of Federal Law No. 259-FZ). Accordingly, operations on foreign platforms, such as the purchase, sale, or exchange of digital assets, are permissible if conducted for investment purposes or in compliance with tax obligations. It is important to document such transactions and report the income earned in tax filings, especially for legal entities. The legislation does not contain provisions restricting access to international exchanges or exchange services, thus rendering their use formally lawful.