2019-2-12 22:27 |
The Moscow municipal government is planning to launch a blockchain-based IT innovation cluster by summer 2019
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A new blockchain-based city innovation is currently being planned by the municipal government of Moscow. This new platform will be used as an IT innovation cluster for the city and the goal will be to enable the participants to find potential business partners, as well to learn more about many topics, such as crypto equipment […]
2019-2-12 02:08 | |
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Russia has approved an amendment to a draft bill introducing taxes on crypto transactions and mining activities, Interfax reported on Nov. 19. The legislation will classify cryptocurrencies as property for tax purposes.
Russia is advancing its regulatory framework for cryptocurrency mining with a proposed amendment to its Bitcoin mining legislation. An Interfax report states, that the draft, introduced by the Ministry of Finance, establishes new tax guidelines for income and expenses related to crypto mining and infrastructure operations.
The Russian government has greenlit draft amendments to a bill aimed at taxing crypto mining and transactions. Russia is moving forward with a draft amendment to its Bitcoin (BTC) mining legislation, introducing new tax rules for crypto mining, transactions, and…
Russia may face an energy shortage in the next 10 years due to rapid Bitcoin mining expansion, a Kremlin official warns. Russia could experience an energy shortage within the next 5-10 years as crypto mining rapidly expands, a senior Kremlin…
Cryptocurrency mining will soon be banned in several regions across Russia due to an escalating electricity crisis.
Cryptocurrency mining will soon be banned in certain regions of Russia due to electricity shortages, per Deputy Energy Minister Evgeny Grabchak. Russia will soon prohibit Bitcoin (BTC) mining in several regions due to a critical electricity shortage, Russia’s state news…
Experts warn that the high investment required to join the digital ruble platform could be prohibitive for small Russian banks, as it exceeds their annual tech budgets by several times. The entry cost for Russian banks to join the Bank…