Russia Declares Crypto as Property: Putin’s Bold Move Shakes the Global Market

Russian President Putin Signs Law Recognizing Crypto as Property

Russian President Vladimir Putin signing legislation to classify cryptocurrency as property under Russian law. Image Credit: Bankrate

In a groundbreaking decision, Russian President Vladimir Putin has signed a law officially recognizing cryptocurrency as property. This move aims to provide a legal framework for digital assets, ensuring better protection for investors and clarity for taxation. The legislation also paves the way for broader adoption of cryptocurrencies within the country.

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Russian President Putin Signs Law Recognizing Crypto as Property by Buraopost Inc

A landmark move that solidifies cryptocurrency's role in Russia's financial system.

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