Jump to content
The World News Media

Russia To Recognize Crypto As Property


TheWorldNewsOrg

Recommended Posts

  • Member

"and their owners will be able to count on legal protection in the event of any illegal actions, as well as to defend their property rights in court."

But per the article:

"However, the current status of the local crypto ecosystem remains in doubt because the government is planning to officially ban payments in crypto in January 2021. Russian authorities also want to introduce prison terms for failing to report annual crypto transactions of about $600,000."

So basically, "you can own it, we can tax it.... but you can't use it here to pay for anything."

https://cryptocrunchapp.com/news/russia-to-recognize-crypto-as-property/

russia GIF

Link to comment
Share on other sites


  • Views 207
  • Replies 0
  • Created
  • Last Reply

Top Posters In This Topic

Popular Days

Top Posters In This Topic

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...




×
×
  • Create New...

Important Information

Terms of Service Confirmation Terms of Use Privacy Policy Guidelines We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.