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Bitcoin and cryptocurrencies hold "legal property" status under laws signed by President Putin in 2020 and expanded in 2024–2025. You can own, trade, and mine crypto (with new regulations effective March 2025 allowing licensed mining), but using it as payment for goods/services—including betting—is prohibited domestically. However, offshore crypto betting sites operate in a gray area: They're not explicitly legal for Russian users, but the decentralized nature of blockchain makes blocking them difficult. Many Russians access them via VPNs for anonymity, fast transactions, and to bypass RUB volatility and sanctions-related banking issues. Authorities occasionally blacklist sites, but enforcement is inconsistent.
Despite restrictions, Russia's €2.1 billion gambling market (mostly sports betting) thrives on offshore crypto platforms, especially for football (RPL), hockey (KHL), and esports.