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Amendments to Mining Taxation in Russia: What Changes for the Cryptocurrency Sector and Investors
... and mining income will be accounted for at market value with the possibility of deducting expenses. How will this affect the crypto industry and what do investors need to know? We analyze all the key details and possible consequences in our article.
... ... cryptocurrency transactions and VAT exemptions, Russia is creating a more attractive environment for miners and cryptocurrency companies that wish to operate legally. This could also encourage companies to localize operations and increase mining volumes....
Gaming Industry and NFTs
... salaries. However, the sustainability of such models raises questions: participants' earnings depend on the volatility of the crypto market and the continuous influx of new users. Consequently, part of the audience views NFT games more as financial attractions ... ... officially banned, as authorities perceive them as speculative elements. Even in jurisdictions where there are no outright bans, companies operate cautiously, fearing sudden restrictions or new tax regulations on such transactions.
Specific questions arise ...
Bitcoin Price Forecast for May 2025
... same time, Bitcoin's dominance has increased, indicating a redistribution of funds in favor of the most reliable asset in the crypto space. Entering May 2025, the market is in a bullish phase characterized by heightened investor interest and steady price ... ... continue to show interest in Bitcoin, viewing it as a means of portfolio diversification and capital protection. Some funds and companies have increased their Bitcoin holdings, considering the price drop in the first quarter as an opportunity to acquire ...