Express
Russian Prime Minister Proposed Recognizing Crypto As Property
Summary: According to Bitpush, Russian prime minister Mikhail Mishustin proposed recognizing crypto as property under the nation’s tax code. At a recent governmental meeting held on Thursday, he proposed the introduction of legal protections for crypto holders in the country in order to contribute to the growth of the new industry. According to Mishustin, such a ...
According to Bitpush, Russian prime minister Mikhail Mishustin proposed recognizing crypto as property under the nation’s tax code. At a recent governmental meeting held on Thursday, he proposed the introduction of legal protections for crypto holders in the country in order to contribute to the growth of the new industry.
According to Mishustin, such a framework would develop the industry in a “civilized way so that the owners of such assets can protect their rights and interests,” while at the same time preventing “shadow schemes.”
As part of the plan, Mishustin proposed amending the Russian Tax Code to recognize cryptocurrencies like Bitcoin (BTC) as property.
Liang Che
Tags: Crypto,Property,Russia
Link: Russian Prime Minister Proposed Recognizing Crypto As Property [Copy]
