Tag: Putin

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Russia Builds Crypto Mining Equipment Register To Stop Illegal Power Use

The Ministry of Energy, the Federal Tax Service and the Ministry of Digital Development of Russia have jointly created a register of cryptocurrency mining...

Russia Receives 150 Applications For Crypto Mining Registration As New Law Takes Effect

After the introduction of the new mining law on November 1, the Federal Tax Service (FTS) has received approximately 150 applications for registration in...

Russia Proposes 15% Tax On Crypto Earnings Amid Push To Regulate Crypto Mining

A new 15% cryptocurrency tax has been introduced in Russia following a draft amendment to the tax code. The Ministry of Finance announced this...

BIS Withdraws From mBridge Digital Payment Project Under Putin’s Influence

The Bank for International Settlements (BIS) has exited the mBridge project, a digital payment system initially designed to facilitate cross-border transactions outside traditional banking...