What to expect in 2025 for Russian crypto enthusiasts! As many know, in Russia, cryptocurrency has long been considered property, but conducting transactions with it has been extremely difficult; banks block accounts, and the Federal Tax Service (FTS) demands a tax of 13 percent on the total sale amount. Since November 2024, mining has been recognized as legal, the FTS maintains a register of miners, and the sales tax is 6 percent. However, how profitable this really is remains in question! Since the tax is paid on the total amount, equipment expenses can only be deducted once, and electricity costs are not that high. What if you mine through data centers that cover all expenses while you pay a fixed amount by contract? The FTS takes the price from the Moscow Exchange! It turns out you are working purely for the state! Is it worth coming out of the shadows under such circumstances? It's like the question 'To be or not to be'! But in 2025, the state will be forced to regulate this issue and cannot postpone it any longer! There are many reasons for this, but the most important is the banking and business sector in the Russian Federation! Many businesses are still dealing with foreigners, and paying for goods and services through banks is impossible!
