Image by NiponNitro The Russian Labor Ministry is not requiring Russian government officials to declare cryptocurrencies on their end of year asset declarations due to the entities ‘not yet being legally defined’. Russia Launching ‘CryptoRuble’ Russian media outlet RIA Novosti released the ministry’s updated regulations on tax declarations today. Corruption…
Image by Krassotkin The Russian Finance Ministry is drafting a law to legalize cryptocurrencies said Finance Minister Anton Siluanov in an interview aired on “Russia 1” TV channel on Saturday. The Finance Minister proposes treating cryptocurrencies like federal loan bonds, available to individuals. Officials “are developing proposals on their legalization…
Image by Helperdz The central bank of the Czech Republic issued a statement recently to calm fears about Bitcoin and other cryptocurrencies in the banking system, saying they pose no threat to financial health of banks as a very small percentage of transactions globally are conducted in the technology. The…