This is our daily post that is shared across Twitter & Telegram and published first on here with Kindness & Love ❤️❤️ on My.Daz.blog
#AceNewsRoom With ‘Kindness & Wisdom’ Feb.26, 2022 @AceFinanceNews
Follow Our Breaking & Daily News Here As It Happens:
#AceFinanceDesk – The Russian government and the Bank of Russia have agreed on a future regime for cryptocurrencies : ON February 18, they presented a draft law on the circulation of cryptocurrencies in the Russian economy, reported the national newspaper Kommersant. Cryptocurrencies will be recognized in this draft as an analogue of currencies like dollars, and not as digital financial assets. This should lower the tax burden of owning cryptocurrencies. Their circulation in the Russian economy will be possible only with full identification, through the banking system or licensed intermediaries according to Eurasia Business News
Photo credit : Swann Collins, January 2022
Users will have to declare operations equivalent to more than 600 thousand rubles (7,027 euros). Transactions outside the legal sector for such amounts will become a criminal offense and an aggravating circumstance under the Criminal Code, fines will be introduced for the illegal acceptance of cryptocurrencies as a means of payment. Mining would not be affected by the draft project.
The Russian federal government, after meetings with Deputy Prime Minister, Chief of Staff of the White House Dmitry Grigorenko, published the approved “Concept for regulating the mechanisms for organizing the circulation of digital currencies.”
Russia has been discussing the new status of cryptocurrencies and digital currencies in the country since the summer of 2021. On January 20, 2021 the Bank of Russia released a consultative report proposing to ban the circulation of cryptocurrencies in the Russian Federation. According to the Central Bank, cryptoization leads to “undermining the circulation of money and the loss of the sovereignty of the national currency”, and also results in high investment risks for citizens.
Editor says …Sterling Publishing & Media Service Agency is not responsible for the content of external site or from any reports, posts or links, and can also be found here on Telegram: https://t.me/acenewsdaily all of our posts from Twitter can be found here: https://acetwitternews.wordpress.com/ and all wordpress and live posts and links here: https://acenewsroom.wordpress.com/ and thanks for following as always appreciate every like, reblog or retweet and free help and guidance tips on your PC software or need help & guidance from our experts AcePCHelp.WordPress.Com
You must be logged in to post a comment.