๐ท๐บ Russiaโs Crypto Game Plan
Are you in #RussiaCrypto and into crypto mining or trading? Big changes are coming! The Federation Council has passed a bill introducing:
โช๏ธCrypto as Property: Subject to taxes but exempt from VAT.
โช๏ธMining Tax Tiers: 13% for earnings up to 2.4M rubles, 15% for higher.
โช๏ธIncreased Scrutiny: Miners must report operations & client details.
With Putin's signature pending, Russia aims to leverage crypto to tackle sanctions and boost its economy. ๐
Will this set a global trend? ๐