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Russian Duma passes bill to remove VAT, lower income tax rates on digital asset sales

Russia is turning to blockchain technology in an effort to counteract the economic isolation brought on by the sanctions imposed due to its invasion of Ukraine.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Russian Duma passes bill to remove VAT, lower income tax rates on digital asset sales

Russia is turning to blockchain technology in an effort to counteract the economic isolation brought on by the sanctions imposed due to its invasion of Ukraine.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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Read on Cointelegraph

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