I did not even expect that in Russia they could make such a decision. This is really very good news for the cryptocurrency market and, apparently, the prices in the market will go up now. But earlier in Russia they argued that they could not allow the circulation of cryptocurrency as a means of payment, since it is written in their Constitution that the only means of payment in the country is the ruble. Has the current international sanctions and the threat of other, more stringent ones forced to change the attitude towards cryptocurrency, especially on the part of the Central Bank, which until then was categorically against its legalization? Apparently, finances in Russia have become very tense, and the legalization of cryptocurrency with the introduction of a tax will make it possible to receive many billions of dollars in cash, and, on the other hand, to bypass international sanctions and hide your capital.
This is good news for us Bitcoin lovers, with the legalization of bitcoin in Russia, the effect might be able to push the bitcoin price into a positive trend. although we don't know for sure that it is legalized as a currency tool or investment asset, we should wait for official information.
In my opinion this is due to financial tensions within Russia, Since Russia is subject to economic sanctions imposed by the US, and now extended by the Russia-Ukraine Conflict, Ukraine is backed by NATO, maybe this is why Bitcoin is legalized.