What is going on with Russia, its like everyday you will see some press release about them contradicting itself regarding blockchain/bitcoin. They should either legalized or put stricter regulations then maybe we can sit and talk about having a crypto valley or hub similar to Switzerland.
In Russia cryptocurrency status has not been determined. There is no law that regulates this. Therefore, it is too early to talk about the valley in the Crimea. These are just empty words. No one will take such an important decision so quickly