Russia Sets Crypto Reporting Rules as Holdings Hit $44B
15 Articles
15 Articles
Tax residents of Russia will be obliged to provide the FNS with data on transactions involving kryptonium on non-castodial wallets, informed the Deputy Minister of Finance, Ivan Chebeskov, and will have to account for transactions outside the regulated boundary, transfer TASS. The obligation will affect all transactions involving cryptoval addresses that are not administered by the Russian depository, and the relevant information will have to be…
The Russian Ministry of Finance estimates the crypto assets held by Russians at $44 billion. The figure, which is based on expert estimates, is much higher than the data published by the Central Bank. The Russian article: The crypto market of $44 billion appeared first on Cointribune.
Russia expands crypto oversight, shifts stablecoin risk to i
🚨 Russia introduces new crypto rules, shifting foreign stablecoin freeze risks to investors. 🪙 Russians hold $44 billion in crypto assets, with new regulations requiring greater disclosure. 📉 Foreign stablecoin freezes, like USDT's block on Garantex funds, now impact local in...
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