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02/07 03:27

Bitcoin News: Putin Declares ‘Nobody Can Ban Bitco

Bitcoin News: Putin Declares ‘Nobody Can Ban Bitcoin’ Amid Rising Global Adoption

Russia recently approved legislation that recognizes digital assets as property in a bid to impose a 13-15 percent personal income tax on all crypto sales. 
Most members of the BRICS movement have been adopting Bitcoin and web3 technology gradually to accelerate the ongoing de-dollarization.
Russian President Vladimir Putin has expressed his optimism for the bright future of Bitcoin (BTC) and digital assets. Putin spoke earlier today and highlighted the notable developments in the web3 space, which has the potential for future growth in the near term amid the escalating global geopolitical differences.
The Russian president recently enacted a law to enforce cryptocurrency taxes of between 13 to 15 percent. However, the Russian government exempted the crypto miners from value-added tax on mined coins.
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