Russia’s new crypto tax law classifies digital currencies as property, exempts mining from VAT, and mandates detailed reporting, signaling a seismic shift in regulation. Russia’s
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Counterpunch: Russia Reveals Plan to Utilize Frozen Western Assets
Russia has revealed that it will respond in kind to the actions of Western governments, which are preparing to make a $50 billion loan to
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Russia’s Foreign Trade Defies Western Sanctions, Official Claims
Russia’s foreign trade is defying Western sanctions, with rising imports, resilient transaction systems, and projected economic growth outpacing stagnating Western economies. Western Sanctions Meet Resistance
Read moreRussia plans to restrict crypto mining in 13 regions to save electricity
If approved, the restrictions would seriously affect Russia’s crypto mining operations, as some key local industry firms have a heavy presence in regions like Irkutsk.
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13 Regions Face Crypto Mining Ban Under Russia’s New Energy Policies
Russia’s governmental commission on electricity development approved cryptocurrency mining restrictions on Monday, set to take effect on Dec. 1 with subsequent enforcement covering Nov. 15
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Russian Energy Ministry Proposes Periodic Crypto Mining Restrictions in Certain Regions
The Russian Energy Ministry has officially proposed limiting crypto mining activities in certain special regions affected by energy shortages. The authorities have the right to
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