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MP Claims that Russia’s Crypto Tax Threshold Is Subject to Change


Russian parliamentarians could be set to alter the soon-to-be-imposed legal threshold for crypto tax declarations, a State Duma committee member has conceded. As previously reported, lawmakers have previously voted in favor of a bill that would force crypto traders to declare total annual earnings...

Video Cards, Crypto Mining Facility Demand Soars in Russia


The demand for video cards and ready-made bitcoin (BTC) and altcoin crypto mining centers is rising astronomically in Russia as more people in the nation flock to the fast-expanding sector. Per a report from the media outlet Gazeta, data from the Russian e-commerce platform Avito revealed that last...

Russian Court Orders Mining Firm Cryptouniverse to Face New Trial on Fraud


A major Russian mining firm is facing legal troubles in St. Petersburg, as three individuals are accusing the company of fraud. Cryptouniverse will now face a trial after a city court issued a criminal case order during the week. A District Court Rejected to Launch a Criminal Case Against the Firm...

Duma Committee Chief Throws up Roadblock to Russia’s Crypto Tax Plans


A parliamentary legislation committee leader has stated that there is a need to provide with legal status and legally binding definitions for crypto-related terms in Russia before proceeding with further tax-related lawmaking and regulation. The move potentially throws a spanner into the works...

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