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Russia Looking At $13 Billion In Tax Collections If Crypto Bill Is Approved

Russia is making a headway in finalizing its crypto bill, with the Ministry of Finance seeking the assistance of the public in improving the regulation of digital assets by middle of next month. A prior notice the ministry calls “On Digital Currency,” will expound on a public consultation to:  1 – Set regulatory rules for […] дальше »

2022-2-20 09:02


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Russia Goes Bullish On Bitcoin With Proposed Crypto Mining Tax Reduction

The Russian Ministry of Economic Development (RECD) has announced that it would cut a significant percentage of taxes on Bitcoin mining activities within the region. This announcement, which was reported by local news source Izvestia, further explained the plans of the Kremlin government to encourage more mining investment within the region by mapping out strategic […] дальше »

2022-2-17 12:26


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New Presidential Decree Allows Free Circulation Of Cryptocurrencies In Belarus

The government of Belarus, with the approval of its President Alexander Lukashenko, has officially acknowledged its support of the free circulation of cryptocurrencies such as bitcoin. Belarus Formally Supports Free Crypto Circulation Belarus, a country stuck between Russia and the European Union, has long offered a crypto-friendly atmosphere for crypto-based companies and blockchain technology. The […] дальше »

2022-2-16 13:43


Bank of Russia Maintains Crypto Ban Stance As It Begins To Test Country’s CBDC

The Bank of Russia has started conducting trials for its own CBDC. The announcement coincides with the central bank’s plans to launch the CBDC project’s pilot phase in early 2022. Despite President Vladimir Putin’s request that his government and central bank work out an uniform regulatory framework for crypto assets rather than a complete prohibition, […] дальше »

2022-2-16 10:22