In a significant regulatory move, Russia's Ministry of Finance has unveiled a draft amendment proposing a 15% tax on cryptocurrency earnings. As reported by Odaily, this measure seeks to establish a comprehensive legal framework for cryptocurrency mining and trading, reshaping how the sector operates financially.
The draft outlines that income from mined cryptocurrencies will be taxed based on their market value at the time of receipt. To ensure equitable taxation, miners can offset their operational costs against their earnings. Furthermore, cryptocurrencies will officially be treated as property for tax purposes. In a progressive step, the amendment also proposes abolishing the value-added tax (VAT) on cryptocurrency transactions, aligning their income tax treatment with the standards applied to securities trading.
Operators of mining facilities will also face new compliance requirements. They will be mandated to report users of their infrastructure to tax authorities. However, the specifics of the data to be disclosed have not yet been clarified.
These proposed changes represent a pivotal shift in how cryptocurrency activities are regulated in Russia, balancing the drive for tax revenue with support for the evolving crypto industry.
The Web3 Revolution: Transforming Social Networks Forever.
Web3-powered social platforms are not just changing the game—they’re rewriting the rules. Leveraging blockchain technology, these networks are designed to give users complete control of their data, operate with unmatched transparency, and create new earning possibilities through user engagement.
Why Web3 Social Networks Are the Future
Unlike centralized platforms that retain control and profits, Web3 networks empower their communities in ways never seen before:
Earn as You Engage: Every action contributes to your earnings.
True Decentralization: Say goodbye to intermediaries—users and creators interact directly.
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These platforms represent the next chapter in digital connectivity, redefining how we interact and thrive online.
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🔥 @Contentos-COS : A Game-Changer in Digital Content Creation
At the forefront of the Web3 movement is Contentos ($COS )—a blockchain-based ecosystem revolutionizing content creation, sharing, and monetization.
Why Contentos Stands Apart:
Full Ownership: Creators maintain full control of their work.
Zero Middlemen: Say goodbye to costly intermediaries and maximize profits.
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@Contentos-COS isn’t just a platform—it’s a paradigm shift for creators and their communities, fostering growth through decentralization.
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💎 COS.TV: A Rewarding Hub for Creators and Fans
A central pillar of the Contentos ecosystem, COS.TV is a next-generation platform designed to make every interaction valuable.
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With COS.TV, creators and fans grow together, building stronger communities and meaningful connections.
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🚀 ChannelVIP: The Next Level of Creator Income
Introducing ChannelVIP, an innovative offering from the Contentos Foundation, designed to transform fan engagement and income generation for creators.
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Diversified Revenue Streams: Reduce reliance on ads and third-party platforms with new monetization models.
Community-Driven Value: Strengthen creator-fan relationships through direct interactions.
ChannelVIP is a practical demonstration of SocialFi, where social networks and decentralized finance converge to benefit creators and users alike.
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🔑 SocialFi: The Future of Digital Content
SocialFi combines social engagement with blockchain-powered finance, ensuring fair rewards for everyone involved.
With ChannelVIP, @Contentos-COS is leading the SocialFi movement by embodying the core values of Web3:
Decentralization: Power shifts to the creators and their fans.
Transparency: Every interaction is securely logged on the blockchain.
Shared Value: Both creators and audiences benefit equally.
By uniting COS.TV and ChannelVIP, Contentos is setting a bold new standard for content creation, community engagement, and monetization in the Web3 era.
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💡 Step Into the Future with Binance and @Contentos-COS ($COS)!
The Web3 revolution is here, and platforms like @Contentos-COS COS.TV, and ChannelVIP are leading the charge. Are you ready to take part?
🚀 Trade $COS on Binance and join the movement that’s reshaping the future of content creation, engagement, and earning potential.
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