Wednesday December 18, 2024

Russia Approves Crypto Tax Law, Redefining Digital Currency Rules

Russia Approves Crypto Tax Law, Redefining Digital Currency Rules

by Kevin Helms November 28, 2024 1 min read

(Originally posted on : Bitcoin News )

Russia’s new crypto tax law classifies digital currencies as property, exempts mining from VAT, and mandates detailed reporting, signaling a seismic shift in regulation. Russia’s New Crypto Tax Rules Signal a Major Shift in Digital Currency Regulations The Federation Council, Russia’s upper house of parliament, approved a government-initiated bill outlining the taxation framework for digital […]

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