Russian President Vladimir Putin has shifted his view on Bitcoin, now stating that it cannot be banned and is an unstoppable force. Speaking at the Investment Forum in Moscow, he emphasized that new technologies like Bitcoin will continue to develop, regardless of the status of traditional currencies like the dollar. This change comes after Putin ...
Russian President Vladimir Putin recently suggested that bitcoin could be a better alternative to foreign currency reserves, raising questions about their effectiveness amid heavy Western sanctions since the Ukraine war began in 2022. He criticized the freezing of about $300 billion in Russian reserves, claiming it harms the US dollar’s global standing. Putin emphasized that ...
Russian President Vladimir Putin has declared that it is impossible to effectively ban Bitcoin and other digital currencies. During a recent speech, he emphasized that these digital assets will continue to grow in usage as people look for cost-effective and reliable alternatives. In a significant move, Russia has now recognized digital currencies as property, allowing ...
During a recent speech at the VTB ‘Russia Calling’ Investment Forum, Russian President Vladimir Putin emphasized that it is impossible to ban Bitcoin and digital currencies. He noted that these innovations will continue to evolve as people seek more cost-effective and reliable financial solutions. Additionally, Russia has officially recognized digital currencies as property for foreign ...
Russia’s Federation Council has approved an important cryptocurrency tax bill, marking a significant step in regulating digital assets in the country. Set to come into effect after President Vladimir Putin’s signature, the law introduces a maximum tax rate of 15% on Bitcoin and other digital currencies, aligning them with securities income taxes. Also, mining operations ...
Russian President Vladimir Putin has approved a new law that officially recognizes digital currencies as property in foreign trade. This law introduces tax exemption for cryptocurrency mining and related sales from value-added tax (VAT). However, operators of mining facilities must report their clients to tax authorities to avoid fines. Mining profits will be taxed as ...
Russian President Vladimir Putin has recently signed a law that officially recognizes digital currencies as property for foreign trade settlements. This new legislation includes significant updates to the tax framework for cryptocurrency activities. Specifically, crypto mining and sales will be exempt from value-added tax (VAT), but operators must inform tax authorities about their clients or ...
President Vladimir Putin has signed a new law aimed at regulating cryptocurrency mining and transactions in Russia. This law acknowledges digital currencies as property and amends the country’s Tax Code. While cryptocurrency mining and sales will not incur value-added tax, operators must report their activities or face fines. Cryptocurrency trading will attract a 13% income ...
 "In a tense UN address, Russia warns of nuclear retaliation amid escalating Western support for Ukraine, igniting fears of confrontation.")
Russia’s Foreign Minister Sergey Lavrov recently warned against the dangers of attempting to defeat a nuclear power, in a speech at the UN General Assembly. He accused Western nations of using Ukraine to undermine Russia strategically, especially after President Putin hinted at a change in Russia’s nuclear stance. Lavrov emphasized that Russia may respond with ...
 "Tragedy Strikes: Helicopter Crash in Russia Claims 22 Lives Amidst Chaos")
Rescuers have found a helicopter that went missing in Russia’s far east, carrying 22 people. Tragically, the bodies of 17 individuals have already been recovered, while the search continues for the remaining passengers. It is believed that all on board have perished, as the helicopter likely crashed due to poor visibility and bad weather conditions. ...
