The new crypto law would reportedly allow citizens to pay their taxes in crypto and allow the use of crypto as a form of payment for businesses.
Category: Bitcoin Payments
The Ministry of Finance “partially supported” the proposition, adding that it needs further consideration.
The average BTC transaction fee saw a steady decline from an all-time high of $62.788 in April 2021 before coming down.
Sharyn Alfonsi, a journalist and 60 Minutes correspondent, interviewed Mike Peterson, one of the people who funded the Bitcoin Beach project and encouraged crypto adoption.
Sports and crypto have gone hand in hand over the past couple of years, as most sporting companies across various niches have on-boarded crypto firms as their brand partners.
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Russia’s Finance Ministry Submits Invoice to Legalize Crypto Investments, Ban Funds
Russian Ministry of Finance has prepared and submitted a new bill to expand crypto regulations to the government. The law “On Digital Currency” aims to introduce rules for investment in cryptocurrencies while at the same time cementing a ban on their use in payments. Draft Law ‘On Digital Currency’ to Regulate Crypto Turnover in Russia […]