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.

Go to Source

Powered by WPeMatico

Russians Think Bitcoin Makes a Great Present

Russians Think Bitcoin Makes a Great PresentCryptocurrency is gaining popularity in Russia as a good idea for a gift. According to a new survey, more and more Russians believe cryptos, like bitcoin, would make their girlfriends and wives happy on special occasions. The 8th of March is celebrated as Women’s Day in Russia and in many other countries.   Also read: […]

The post Russians Think Bitcoin Makes a Great Present appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Crypto Tax Breaks Proposed by Officials in Russia

Crypto Tax Breaks Proposed by Officials in RussiaTax exemptions on profits from crypto-related transactions have been proposed during a meeting at the Ministry of Economic Development of Russia. Participants also called for a 10 fold increase of the limit for individual investments in ICOs. Russians should be allowed to open accounts with foreign exchanges, officials insisted.   Also read: Russian Lawmaker Proposes […]

The post Crypto Tax Breaks Proposed by Officials in Russia appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Estimate: Crypto Investments in Russia Reached $200 Million Last Year

Estimate: Crypto Investments in Russia Reached $200 Million Last YearCryptocurrency investments in Russian startups have increased 10 times in 2017 when entrepreneurs set in motion more than 100 crypto-funded projects, according to a new estimate. Ordinary working people, however, remain wary. Only 8% of them would like to see their salaries paid partially in crypto. Nevertheless, Russians are optimistic about bitcoin and most of […]

The post Estimate: Crypto Investments in Russia Reached $200 Million Last Year appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

More than Half of Russians Know About Bitcoin Now

More than Half of Russians Know About Bitcoin NowMore than half of Russians have some knowledge about bitcoin, according to a new survey. Awareness is higher among young people and in major cities. Three quarters of the Muscovites feel informed about the leading cryptocurrency thanks to 185,000 publications in news outlets. Bitcoin is the most popular word in Russian social media, another study shows. […]

The post More than Half of Russians Know About Bitcoin Now appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Surveys: 73% of Russians Will Increase Crypto Investments

Surveys: 73% of Russians Will Increase Crypto Investments, 49% Want Crypto As GiftsA recent survey shows that 49% of Russians want to receive cryptocurrency as gifts, with a large percentage specifying bitcoin. As cryptocurrencies grow in popularity, another survey reveals 73% of Russian investors expect to increase their cryptocurrency holdings next year. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales 49% Want […]

The post Surveys: 73% of Russians Will Increase Crypto Investments appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico