June 15, 2024

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Russia Set to Recognize Bitcoin Mining as Economic Activity

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Russia Set to Recognize Bitcoin Mining as Economic Activity
Russia Set to Recognize Bitcoin Mining as Economic ActivityAccording to Osman Kabaloev, the Deputy Director of the Financial Policy Department at Russia’s Ministry of Finance, the recognition of Bitcoin mining as an official economic activity is set to happen soon. Following the approval of a law regulating cryptocurrency mining, this activity would be assigned an OKVED code, which classifies company activities for licensing […]