Newslink : Russia's Tax Authorities Recognize Bitcoin and Other Cryptocurrencies
Russia’s Tax Authorities Recognize Bitcoin and Other Cryptocurrencies
The uncertainties surrounding the use of Bitcoin and other cryptocurrencies have been laid to rest. In a document released on Nov. 29, 2016, Russia’s federal tax service has finally taken a position concerning the legality of Bitcoin use and transactions. The document emphatically stated that there is no legal prohibition of cryptocurrencies.
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