In the last few months, the standoff between the Central Bank of Russia (CBR) and the countryโs Ministry of Finance over crypto regulation has become the key regulatory plot for the Russian crypto community to follow. Simultaneously, however, another important legislative development has been unfolding somewhat under the radar: negotiations around tax code amendments that would make cryptocurrencies a taxable asset class. Hereโs how it went down so far. 13% for individuals and 20% for companies As the head of the State Dumaโs (the lower chamber of Russian Parliament) financial…
Here is what the rules might look like
