Vladimir Putin Signs Bitcoin Mining, Crypto Taxation Law

Russian President Vladimir Putin has signed a law introducing taxation on income and expenses derived from digital currency mining, purchase and sale.

What Happened: Published on the official legal information portal, the legislation recognizes digital currencies as property under the Tax Code and establishes a taxation framework to regulate crypto-related activities, according to Russian news agency Interfax.

Starting in 2025, income from digital currency transactions will be taxed similarly to securities, with personal income tax rates set at …

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