What requirements does Russian legislation impose on the storage of cryptocurrency?

At present, Russian legislation does not establish specific requirements regarding the procedure for storing cryptocurrency, applicable to both individuals and legal entities. Federal Law No. 259-FZ dated July 31, 2020 defines the legal status of digital currency as property but does not regulate technical or organizational measures for its storage. This means that organizations and individuals have the right to independently choose methods for storing cryptocurrency — for example, using hardware wallets, software wallets, or third-party services (exchanges, custodial providers). However, it is important to ensure reliable protection of private keys and to comply with information security measures, especially when storing assets of a legal entity, in order to minimize the risks of theft and loss.