Tax Authority Slated to Become Main Crypto Regulator in Russia

Tax Authority Slated to Become Main Crypto Regulator in RussiaRussia’s tax administration is going to be tasked with overseeing the crypto industry in the country, a high-ranking government official has indicated. According to the regulatory concept that’s currently under consideration, the revenue service will also serve as an entry point for market participants. Russians to Report Crypto Holdings and Transactions to Their Tax Service […]

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Cashtokens Take Center Stage Following Bitcoin Cash Upgrade: Over 26,000 Tokens Created

Cashtokens Take Center Stage Following Bitcoin Cash Upgrade: Over 26,000 Tokens CreatedFollowing the recent Bitcoin Cash upgrade on Monday, data reveals that approximately 1,308 fungible tokens and 25,336 non-fungible tokens (NFTs) have emerged on the blockchain. Moreover, the Cashtokens token ecosystem is now accessible through the blockchain explorers 3xpl.com and salemkode.com, allowing users to explore its potential. Bitcoin Cash Upgrade Unleashes Token Frenzy and Infrastructure Support […]

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PR: Former Huobi CTO Zhang Jian Launches FCoin, Gaining Investments from Top Venture Capital Firms

Former Huobi CTO Zhang Jian Launches FCoin, Gaining Investments from Top Venture Capital FirmsFCoin, a digital assets trading platform, has gained investments from top-notch investment institutions including Danhua Capital, Node Capital, Singer Capital, Timestamp Capital, 8 Decimal Capital, Zipper Fund and other investors.

FCoin was founded by Zhang Jian, former Huobi CTO and author of the book “Blockchain: Defining The Future Finance and Economic Landscape”.

The post PR: Former Huobi CTO Zhang Jian Launches FCoin, Gaining Investments from Top Venture Capital Firms appeared first on Bitcoin News.

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Russians Owe 13% Tax on Their Crypto Incomes

Russians Owe 13% Tax on Their Crypto IncomesRussian citizens are expected to pay 13 percent tax on their crypto-related incomes. Amendments to the tax code are currently being prepared. The exact rates should be confirmed by the end of the year. However, lawyers have warned that even now citizens risk criminal prosecution if they fail to report gains from dealings with cryptocurrencies. […]

The post Russians Owe 13% Tax on Their Crypto Incomes appeared first on Bitcoin News.

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