The tax law on cryptocurrencies in Russia has been officially approved. It was stated that the Upper House of the Russian Federation Council will evaluate the framework of the property rights of cryptocurrencies while approving the tax law, which has been discussed for a long time.
In countries where mining is increasingly common, VAT will not be collected from these transactions. However, detailed information about the activities of those who are done will remain with the relevant state institution.
Income between 13% and 15% is received from cryptocurrency sales. President Vladimir #Putin 's signature is required for the details of the law to be entered. Putin had previously signed to live longer when the parliament accepted it.
It is known that Russia, where cryptocurrencies have started to be given importance especially after the Ukraine war, welcomes the use of cryptocurrencies in international trade and within the BRICS group.
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