Banks had feared being drained of liquidity under the original concept for the digital currency. Syndicated from coindesk
The bill proposes to recognise cryptocurrency as property for purposes of taxation. Syndicated from coindesk
If passed the bill would amend tax laws to recognize digital currencies as a form of property. Syndicated from coindesk
Russian civil servants must start reporting their crypto assets as the country’s first crypto law comes into force in January.…
Russian cryptocurrency and blockchain association warns the Bank of Russia against the excess centralization of the digital ruble Syndicated from…
Russian banks fear being left out of the central bank’s proposed digital currency system, according to a report. Syndicated from…
Changes to the law will bring Russia’s crypto users more protections against fraud, said Mikhail Mishustin. Syndicated from coindesk
Russia’s Ministry of Finance has proposed legal amendments that would relax planned tax requirements for crypto holders if passed. Syndicated…
Central banks meeting in Russia said the coronavirus pandemic is a driving force behind growing interest in national digital currencies.…
The Bank of Russia might launch its own CBDC, a digital ruble, after piloting the project at the end of…