Russian Lawmakers Pass Crypto Tax Bill
The Russian Federation Council, the upper chamber of the country’s parliament, has passed a bill that would tax cryptocurrency transactions and mining, effectively eliminating value-added tax (VAT) for crypto transactions.
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Blockchain.com and LocalBitcoins Ban Russian Users From Their Platforms
The Russian users of P2P platform LocalBitcoins and crypto wallet operator Blockchain.com have received notifications about the termination of their services due to the introduction of new EU sanctions against Russia.
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LocalBitcoins Will Leave Russia
Russian users of LocalBitcoins have started to receive notifications from the platform that it will soon leave the country.
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Binance Will Not Ban Russian Users
Binance has stated that it had not received any instructions from the EU leadership.
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The Russian Parliament May Change Adoption Date for Bill on Crypto Mining
It has become known that the deadline for the adoption of the bill on mining could be shifted to 2023.
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Russian Companies Start to Use Cryptocurrencies in International Transactions
The Bank of Russia and the government of Russia have agreed to allow domestic companies to use cryptocurrencies in transactions with foreign counterparties.
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Binance Has No Plans to Ban Russian Users From its Platform
The trading platform operates in Russia as usual, and all types of services are available to its users.
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The EU Will Ban Russian Users From Crypto Services
Crypto companies registered in the European Union may face a ban on servicing Russian citizens and companies.
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