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Stan Yurchenko about Cryptocurrency Tax in Russia

1 month ago   |   By ABC Money

According to a draft bill to change the Tax Code, Russian citizens will have to notify the tax agency if they own cryptocurrency. Stan Yurchenko, an economist commented on the situation.
“This legislative initiative is not only absurd, since it actually introduces imputation of ownership. It also becomes a serious impediment to the growth of the cryptocurrency market in Russia as a whole,” noted the expert. Stan Yurchenko says that the draft bill in its present form has already set off extremely negative reaction both on the part of the market players and of the expert community. If it is...
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