Techub News: Russian President Vladimir Putin has signed a law regulating the taxation of digital currencies. According to the law, digital currencies are recognized as property. The mining and sale of digital currencies are exempt from value-added tax. Operators of mining infrastructure must report to the tax authorities that issue cryptocurrency using their services. In terms of personal income tax, digital currencies obtained through mining will be classified as physical income. Such income will be taxed according to the usual progressive tax rates. Meanwhile, the acquisition, sale, or other income from the circulation of digital currencies will be taxed at a two-stage personal income tax rate. Regarding corporate income tax, digital currency mining will be taxed at the standard rate.