The law does not work in Russia yet. There are no amendments to the tax code and there are no forms for declaring cryptocurrency transactions and clarifications. Therefore, the situation has not changed. Citizens are in no hurry to declare their coins.
Amendments to the legislation are promised to be published in the 3rd quarter of 2021. There will be described fines and other measures for violators of the law.
What's the problem as to why it hasn't been passed yet. Seems to me that this will be really helpful to those people who work on a contractual because they have no regular jobs and money is definitely tight for this people so having a salary that can grow or go down pretty much evens the playing field.
The law has already been passed, but no one yet knows how to work. According to the legislation, any Russian bank can already give its customers the opportunity to buy and sell cryptocurrency, as PayPal does. But there are no recommendations, no forms of declarations, no administrative and criminal legislation and instructions.
In the Russian Federation, cryptocurrency is legalized as property.
Therefore, everyone is waiting for new amendments to the legislation to get started. The largest bank in Russia, Sberbank, promises to launch its own cryptocurrency (Sbercoin) in 2022.