đ Russia is diving into the crypto pool with a splash of taxes! As Bitcoin hits record highs against the ruble, the Federation Council has approved a bill taxing crypto sales at 13%-15%. But don't worry, minersâyou're off the VAT hook!
- The bill, awaiting Putin's pen, recognizes digital currencies as property.
- Miners must report activities or face a 40,000 ruble fine (about $360).
- Bitcoin's ruble rally is fueled by global trends and ruble depreciation.
Looks like Russia's crypto scene is heating up faster than a samovar!