Russia Eyes Increase in Crypto Mining Tax with New Legislation

Russia Eyes Increase in Crypto Mining Tax with New Legislation

The post Russia Eyes Increase in Crypto Mining Tax with New Legislation appeared first on Coinpedia Fintech News According to the local news report, at the Eastern Economic Forum (EEF-2024), Sergey Bezdelov, Director of the Industrial Mining Association, announced that Russia mined 54,000 bitcoins in 2023, generating 50 billion rubles in taxes. Bezdelov noted that with the upcoming “gentle” regulation of cryptocurrency mining, the tax contributi…

CoinStats - Russia Eyes Increase in Crypto Mining Tax wit...

The post Russia Eyes Increase in Crypto Mining Tax with New Legislation appeared first on Coinpedia Fintech News According to the local news report, at the Eastern Economic Forum (EEF-2024), Sergey Bezdelov, Director of the Industrial Mining Association, announced that Russia mined 54,000 bitcoins in 2023, generating 50 billion rubles in taxes. Bezdelov noted that with the upcoming “gentle” regulation of cryptocurrency mining, the tax contributi…

A New Dawn for Cryptocurrency Mining in Russia

The world of cryptocurrency has been a dynamic and often controversial realm, with various countries grappling with how to regulate digital currencies and their associated activities. One of the most significant developments in this sector is the recent legislative shift in Russia, where cryptocurrency mining is set to become legal on November 1st, 2024. This […] The post A New Dawn for Cryptocurrency Mining in Russia appeared first on Tekedia.