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In Russia, the law on cryptocurrencies and mining will be adopted before 1 July.
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Topic: In Russia, the law on cryptocurrencies and mining will be adopted before 1 July. (Read 322 times)
Alex_nutis
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In Russia, the law on cryptocurrencies and mining will be adopted before 1 July.
February 02, 2018, 09:36:34 AM
#1
Why do we need this law?
Comments of the Deputy Minister of Finance of Russia Alexei Moiseev:
The law was developed to protect the interests of all participants of the financial market in order to reduce the risks of working with crypto-currencies. (C)
- Are you seriously? Ha-ha-ha
Cryptomoney, in the majority, have a speculative character, therefore the risk of loss of assets is very large. If the exchange rate falls, neither the Central Bank, nor any other bodies will be able to help investors without legislation.
One of the latest examples of this phenomenon can be called a sharp drop in bitcoin, which occurred the other day. When the coin lost just one and a half thousand dollars (from 16 thousand fell to 14.5 thousand). (c)
- When I read, I laughed and cried. Is he from Russia? It seems the name is Russian. It's strange that he forgot how in 1998-1999 for 11 months the exchange rate of the national currency fell 4 times! And in 2014-2015 the exchange rate of the national currency fell 2 times!
Miners will be obliged to pay tax.
- What will I give them tax, bitcoins? Clowns
For non-professionals, a limit is set for the amount to participate in ISO - about 870 dollars.
- How will they control me?
And the funniest thing is - maybe a national currency will appear in Russia.
-
Who needs it! Who will use it!
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ProofOfLambo
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Re: In Russia, the law on cryptocurrencies and mining will be adopted before 1 July.
February 02, 2018, 01:44:40 PM
#2
Quote from: Alex_nutis on February 02, 2018, 09:36:34 AM
Why do we need this law?
Comments of the Deputy Minister of Finance of Russia Alexei Moiseev:
The law was developed to protect the interests of all participants of the financial market in order to reduce the risks of working with crypto-currencies. (C)
- Are you seriously? Ha-ha-ha
Cryptomoney, in the majority, have a speculative character, therefore the risk of loss of assets is very large. If the exchange rate falls, neither the Central Bank, nor any other bodies will be able to help investors without legislation.
One of the latest examples of this phenomenon can be called a sharp drop in bitcoin, which occurred the other day. When the coin lost just one and a half thousand dollars (from 16 thousand fell to 14.5 thousand). (c)
- When I read, I laughed and cried. Is he from Russia? It seems the name is Russian. It's strange that he forgot how in 1998-1999 for 11 months the exchange rate of the national currency fell 4 times! And in 2014-2015 the exchange rate of the national currency fell 2 times!
Miners will be obliged to pay tax.
- What will I give them tax, bitcoins? Clowns
For non-professionals, a limit is set for the amount to participate in ISO - about 870 dollars.
- How will they control me?
And the funniest thing is - maybe a national currency will appear in Russia.
-
Who needs it! Who will use it!
Obviously the government is looking for several things: the first is taxes, but the most important is likely to control and information. They just don´t want anything related to finance escaping the central control
stompix
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Blackjack.fun
Re: In Russia, the law on cryptocurrencies and mining will be adopted before 1 July.
February 02, 2018, 02:00:04 PM
#3
When it comes to Russia, you never know what's inside their heads,or if there is at least something working there.
Saying they will adopt a law regarding cryptos before July is making me willing to bet nothing will happen before that date. Only the constant ban from China is more haotic that what comes from the Russian lawmakers.
They are against, then they are friendly, they encourage miners to move to Russia and they want to tax them?
https://www.rt.com/business/410028-russia-bitcoin-megacity-siberia/
Quote
Russia may soon build a city in Siberia just to mine cryptocurrency. The idea is to provide a new source of income for people and the state, and in the future create a rival to Silicon Valley.
They are just going nuts with those promises...who is going to believe them?
The main problem for them is they can't control the flow of money.
That's the reason China is against
BTC
, and Russia will follow as they too experience massive capital outflows.
As for their cryptorubble...common, let's be serious.
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CaptainKid
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Re: In Russia, the law on cryptocurrencies and mining will be adopted before 1 July.
February 02, 2018, 02:00:47 PM
#4
Regarding the regulation of the currency and taxes on mining in Russia, there is indeed a lot of news. The government sees a huge flow of investments that they can not regulate. They can not look at it calmly, so they take such measures.
perfect999
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Merit: 299
Re: In Russia, the law on cryptocurrencies and mining will be adopted before 1 July.
February 06, 2018, 08:42:44 AM
#5
Quote from: ProofOfLambo on February 02, 2018, 01:44:40 PM
Quote from: Alex_nutis on February 02, 2018, 09:36:34 AM
Why do we need this law?
Comments of the Deputy Minister of Finance of Russia Alexei Moiseev:
The law was developed to protect the interests of all participants of the financial market in order to reduce the risks of working with crypto-currencies. (C)
- Are you seriously? Ha-ha-ha
Cryptomoney, in the majority, have a speculative character, therefore the risk of loss of assets is very large. If the exchange rate falls, neither the Central Bank, nor any other bodies will be able to help investors without legislation.
One of the latest examples of this phenomenon can be called a sharp drop in bitcoin, which occurred the other day. When the coin lost just one and a half thousand dollars (from 16 thousand fell to 14.5 thousand). (c)
- When I read, I laughed and cried. Is he from Russia? It seems the name is Russian. It's strange that he forgot how in 1998-1999 for 11 months the exchange rate of the national currency fell 4 times! And in 2014-2015 the exchange rate of the national currency fell 2 times!
Miners will be obliged to pay tax.
- What will I give them tax, bitcoins? Clowns
For non-professionals, a limit is set for the amount to participate in ISO - about 870 dollars.
- How will they control me?
And the funniest thing is - maybe a national currency will appear in Russia.
-
Who needs it! Who will use it!
Obviously the government is looking for several things: the first is taxes, but the most important is likely to control and information. They just don´t want anything related to finance escaping the central control
This is really a good news that the government of some country have started taking such a positive step I order to promote crypto currencies in their country. I am very much sure that rest of the countries in the world will soon do the same and will declare the crypto currencies as legal currencies.
In the near future, things will be in very much favor of the crypto currencies and people will start investing their money without having any fear.
Alex_nutis
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Re: In Russia, the law on cryptocurrencies and mining will be adopted before 1 July.
February 07, 2018, 07:16:33 AM
#6
Quote from: stompix on February 02, 2018, 02:00:04 PM
When it comes to Russia, you never know what's inside their heads,or if there is at least something working there.
Saying they will adopt a law regarding cryptos before July is making me willing to bet nothing will happen before that date. Only the constant ban from China is more haotic that what comes from the Russian lawmakers.
They are against, then they are friendly, they encourage miners to move to Russia and they want to tax them?
https://www.rt.com/business/410028-russia-bitcoin-megacity-siberia/
Quote
Russia may soon build a city in Siberia just to mine cryptocurrency. The idea is to provide a new source of income for people and the state, and in the future create a rival to Silicon Valley.
They are just going nuts with those promises...who is going to believe them?
The main problem for them is they can't control the flow of money.
That's the reason China is against
BTC
, and Russia will follow as they too experience massive capital outflows.
As for their cryptorubble...common, let's be serious.
Read less news about Russia. In Russia there is a city Irkutsk. In this city, the price for electricity is about 2 cents. There are a lot of mining farms in and around this city.
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GLOBAL DECENTRALIZED ECOSYSTEM FOR CONTINUING EDUCATION
ICO : Jan 15 - Feb 15, 2018
●
ANN
●
Telegram
●
WP
●
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metenjean
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Re: In Russia, the law on cryptocurrencies and mining will be adopted before 1 July.
February 07, 2018, 07:22:11 AM
#7
Quote from: Alex_nutis on February 02, 2018, 09:36:34 AM
Why do we need this law?
Comments of the Deputy Minister of Finance of Russia Alexei Moiseev:
The law was developed to protect the interests of all participants of the financial market in order to reduce the risks of working with crypto-currencies. (C)
- Are you seriously? Ha-ha-ha
Cryptomoney, in the majority, have a speculative character, therefore the risk of loss of assets is very large. If the exchange rate falls, neither the Central Bank, nor any other bodies will be able to help investors without legislation.
One of the latest examples of this phenomenon can be called a sharp drop in bitcoin, which occurred the other day. When the coin lost just one and a half thousand dollars (from 16 thousand fell to 14.5 thousand). (c)
- When I read, I laughed and cried. Is he from Russia? It seems the name is Russian. It's strange that he forgot how in 1998-1999 for 11 months the exchange rate of the national currency fell 4 times! And in 2014-2015 the exchange rate of the national currency fell 2 times!
Miners will be obliged to pay tax.
- What will I give them tax, bitcoins? Clowns
For non-professionals, a limit is set for the amount to participate in ISO - about 870 dollars.
- How will they control me?
And the funniest thing is - maybe a national currency will appear in Russia.
-
Who needs it! Who will use it!
I think this is the first step of clarity that government will start adopting laws like this for bitcoin, this is probably good news for bitcoin legality but also bad news for tax evaders and miners. Miners will be obliged to pay tax, i dont think this could be applied based on bitcoin price which is absolutely volatile but maybe based on how many mining tools you got. Seems like russian will be the first countries to start this law and its a good sign for cryptocurrencies acceptance in the world
Kotone
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Re: In Russia, the law on cryptocurrencies and mining will be adopted before 1 July.
February 07, 2018, 07:48:48 AM
#8
Quote from: Alex_nutis on February 02, 2018, 09:36:34 AM
Why do we need this law?
Comments of the Deputy Minister of Finance of Russia Alexei Moiseev:
The law was developed to protect the interests of all participants of the financial market in order to reduce the risks of working with crypto-currencies. (C)
- Are you seriously? Ha-ha-ha
Cryptomoney, in the majority, have a speculative character, therefore the risk of loss of assets is very large. If the exchange rate falls, neither the Central Bank, nor any other bodies will be able to help investors without legislation.
One of the latest examples of this phenomenon can be called a sharp drop in bitcoin, which occurred the other day. When the coin lost just one and a half thousand dollars (from 16 thousand fell to 14.5 thousand). (c)
- When I read, I laughed and cried. Is he from Russia? It seems the name is Russian. It's strange that he forgot how in 1998-1999 for 11 months the exchange rate of the national currency fell 4 times! And in 2014-2015 the exchange rate of the national currency fell 2 times!
Miners will be obliged to pay tax.
- What will I give them tax, bitcoins? Clowns
For non-professionals, a limit is set for the amount to participate in ISO - about 870 dollars.
- How will they control me?
And the funniest thing is - maybe a national currency will appear in Russia.
-
Who needs it! Who will use it!
Cryptocurrency is something that we all agree should be regulated for it to continue to strive towards. The more that we have implications set in place then the more that we would have the freedom to have it spread onward and that is one thing that we all cryptocurrency users all want wish and desire. If this passes then a major country like Russia can influence some countries to maybe look toward cryptocurrency as a new currency
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Afnan_faizah
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Re: In Russia, the law on cryptocurrencies and mining will be adopted before 1 July.
February 07, 2018, 07:51:36 AM
#9
Thats so funny. But it really makes people pretend that bitcoin is bad. This actually will give bad impact on bitcoin because for peoppe who don't know about bitcoin so well then they will avoid it. For people who understands about bitcoin they will not have any problem with that law because law is just law. Bitcoin users can use their bitcoin freely as they please. Bitcoin provide complete freedom for their users. Government cannot rule bitcoin and its users. Who know if somebody use bitcoin? Who know how many bitcoin they have?
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NicG13
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Re: In Russia, the law on cryptocurrencies and mining will be adopted before 1 July.
February 07, 2018, 07:53:57 AM
#10
In Russia, like in any other country, unless they make it attractive to people to play by the rules no one will. They can legislate as much as they want but, for the most part, what they legislate will be unenforceable. If they want to be part of the future they have to be smart and work with the people, not against the people.
cr_liev
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Re: In Russia, the law on cryptocurrencies and mining will be adopted before 1 July.
February 07, 2018, 09:18:51 AM
#11
Of course, they will say they want to protect you! It's never different in other countries, too, not only in Russia. I'm sure the governments now look for the opportunities to control the funds flow in crypto, which could be charged taxes but it isn't. I hope... we will find the way out!
Tapyaks72
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Re: In Russia, the law on cryptocurrencies and mining will be adopted before 1 July.
February 07, 2018, 09:42:05 AM
#12
Quote from: metenjean on February 07, 2018, 07:22:11 AM
Quote from: Alex_nutis on February 02, 2018, 09:36:34 AM
Why do we need this law?
Comments of the Deputy Minister of Finance of Russia Alexei Moiseev:
The law was developed to protect the interests of all participants of the financial market in order to reduce the risks of working with crypto-currencies. (C)
- Are you seriously? Ha-ha-ha
Cryptomoney, in the majority, have a speculative character, therefore the risk of loss of assets is very large. If the exchange rate falls, neither the Central Bank, nor any other bodies will be able to help investors without legislation.
One of the latest examples of this phenomenon can be called a sharp drop in bitcoin, which occurred the other day. When the coin lost just one and a half thousand dollars (from 16 thousand fell to 14.5 thousand). (c)
- When I read, I laughed and cried. Is he from Russia? It seems the name is Russian. It's strange that he forgot how in 1998-1999 for 11 months the exchange rate of the national currency fell 4 times! And in 2014-2015 the exchange rate of the national currency fell 2 times!
Miners will be obliged to pay tax.
- What will I give them tax, bitcoins? Clowns
For non-professionals, a limit is set for the amount to participate in ISO - about 870 dollars.
- How will they control me?
And the funniest thing is - maybe a national currency will appear in Russia.
-
Who needs it! Who will use it!
I think this is the first step of clarity that government will start adopting laws like this for bitcoin, this is probably good news for bitcoin legality but also bad news for tax evaders and miners. Miners will be obliged to pay tax, i dont think this could be applied based on bitcoin price which is absolutely volatile but maybe based on how many mining tools you got. Seems like russian will be the first countries to start this law and its a good sign for cryptocurrencies acceptance in the world
There is always positve and negative effect as result of some government interventions to legalize good thing is you can be protected againts fraud and sudden crush of crypto currency bad things are the can imposed laws that would oblied miners,investors and operators to pay taxes becuase the government might seen potential oppotunities as good sources of taxes.
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Future3000
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Re: In Russia, the law on cryptocurrencies and mining will be adopted before 1 July.
February 07, 2018, 01:36:27 PM
#13
In Russia they try to control everything, so why should we be surprised?
I'm sure they will set a tax at least
Tankdestroyer
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Re: In Russia, the law on cryptocurrencies and mining will be adopted before 1 July.
February 07, 2018, 02:10:44 PM
#14
Quote from: Future3000 on February 07, 2018, 01:36:27 PM
In Russia they try to control everything, so why should we be surprised?
I'm sure they will set a tax at least
Nevertheless I don't expect them to fully regulate all of miners and cryptocurrency users, there will always be loopholes in their regulation system and I wouldn't also be surprised if we heard a news of someone being arrested in Russia because of cryptocurrency tax evasion. The only question is that if they will continue to set a tax after their regulation system has been deemed as ineffective? I think they would try to improve it further if that happens. What's your take on this?
Bryan_12
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Re: In Russia, the law on cryptocurrencies and mining will be adopted before 1 July.
February 07, 2018, 03:01:59 PM
#15
Unlike other governments, they approve it with a double intention, a pretend to be a government so flexible that allows the mining and circulation of cryptocurrencies within the environment and on the other hand, the intention to obtain information, data, and thus have a indirect control of the finances of its citizens.
Gregoryxl
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Re: In Russia, the law on cryptocurrencies and mining will be adopted before 1 July.
February 07, 2018, 03:47:09 PM
#16
I think it's a good thing, I do not want to get ahead of the facts and I'd rather wait as situations continue with Russia in the next few days for better or for worse.
Clement Kaliyar
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Re: In Russia, the law on cryptocurrencies and mining will be adopted before 1 July.
February 07, 2018, 05:53:29 PM
#17
Quote from: stompix on February 02, 2018, 02:00:04 PM
The main problem for them is they can't control the flow of money.
That's the reason China is against
BTC
, and Russia will follow as they too experience massive capital outflows.
If a government wants to stop the flow of money outside the country with the help of banks and the exchanges running in that particular country,it is possible to restrict the flow of money,either you are following the rule or you are against what is given by the government,how will you be able to proceed with a transaction if you are not holding any coins and you wanted to purchase some with fiat,if the government restricts that,you have to obey that rule.
trickyriky
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Re: In Russia, the law on cryptocurrencies and mining will be adopted before 1 July.
February 08, 2018, 10:48:30 AM
#18
Quote from: Future3000 on February 07, 2018, 01:36:27 PM
In Russia they try to control everything, so why should we be surprised?
I'm sure they will set a tax at least
It is true! Naturally, when mining is legalized, then the taxes for this activity will be taken. However, I think there will be a lot of so-called illegal miners still.
Hopeful2017
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Re: In Russia, the law on cryptocurrencies and mining will be adopted before 1 July.
February 08, 2018, 11:17:22 AM
#19
Quote from: Alex_nutis on February 02, 2018, 09:36:34 AM
Why do we need this law?
Comments of the Deputy Minister of Finance of Russia Alexei Moiseev:
The law was developed to protect the interests of all participants of the financial market in order to reduce the risks of working with crypto-currencies. (C)
- Are you seriously? Ha-ha-ha
Cryptomoney, in the majority, have a speculative character, therefore the risk of loss of assets is very large. If the exchange rate falls, neither the Central Bank, nor any other bodies will be able to help investors without legislation.
One of the latest examples of this phenomenon can be called a sharp drop in bitcoin, which occurred the other day. When the coin lost just one and a half thousand dollars (from 16 thousand fell to 14.5 thousand). (c)
- When I read, I laughed and cried. Is he from Russia? It seems the name is Russian. It's strange that he forgot how in 1998-1999 for 11 months the exchange rate of the national currency fell 4 times! And in 2014-2015 the exchange rate of the national currency fell 2 times!
Miners will be obliged to pay tax.
- What will I give them tax, bitcoins? Clowns
For non-professionals, a limit is set for the amount to participate in ISO - about 870 dollars.
- How will they control me?
And the funniest thing is - maybe a national currency will appear in Russia.
-
Who needs it! Who will use it!
Russia is starting to control and regulate bitcoin in their country. This simply indicates that they are interested in collecting tax to the people using bitcoin. Likewise, this is the start that cryptocurrency will be adapted since they will be starting their national currency. If that happens, then only Russians will be able to use it.
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last7minutes
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Re: In Russia, the law on cryptocurrencies and mining will be adopted before 1 July.
February 10, 2018, 03:13:52 AM
#20
Quote from: Gregoryxl on February 07, 2018, 03:47:09 PM
I think it's a good thing, I do not want to get ahead of the facts and I'd rather wait as situations continue with Russia in the next few days for better or for worse.
You can find here the good thing. Nobody is going to ban Bitcoins and other cryptocurrency in Russia and nobody will restrict people mining. Taxes will appear, however.
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===> Service Announcements (Altcoins)
===> Service Discussion (Altcoins)
===> Bounties (Altcoins)
=> Speculation (Altcoins)
-----------------------------
Local
-----------------------------
=> العربية (Arabic)
===> العملات البديلة (Altcoins)
=====> النقاشات
===> إستفسارات و أسئلة المبتدئين
===> التعدين
===> النقاشات الأخرى
===> منصات التبادل
=> Bahasa Indonesia (Indonesian)
===> Marketplace (Bahasa Indonesia)
===> Mining (Bahasa Indonesia)
===> Altcoins (Bahasa Indonesia)
===> Trading dan Spekulasi
===> Ekonomi, Politik, dan Budaya
===> Topik Lainnya
=> Español (Spanish)
===> Mercado y Economía
=====> Servicios
=====> Trading y especulación
===> Hardware y Minería
===> Esquina Libre
===> Mercadillo
=====> Mexico
=====> Argentina
=====> España
=====> Centroamerica y Caribe
===> Primeros pasos y ayuda
===> Altcoins (criptomonedas alternativas)
=====> Minería de altcoins
=====> Servicios
=====> Tokens (Español)
=> 中文 (Chinese)
===> 跳蚤市场
===> 山寨币
===> 媒体
===> 挖矿
===> 离题万里
=> Hrvatski (Croatian)
===> Trgovina
===> Altcoins (Hrvatski)
=====> Announcements (Hrvatski)
===> Off-topic (Hrvatski)
=> Deutsch (German)
===> Anfänger und Hilfe
===> Mining (Deutsch)
===> Trading und Spekulation
===> Projektentwicklung
===> Off-Topic (Deutsch)
===> Treffen
===> Presse
===> Altcoins (Deutsch)
=====> Announcements (Deutsch)
===> Marktplatz
=====> Auktionen
=====> Suche
=====> Biete
=> Ελληνικά (Greek)
===> Αγορά
===> Mining Discussion (Ελληνικά)
===> Altcoins (Ελληνικά)
=====> Altcoin Announcements (Ελληνικά)
=====> Altcoin Mining (Ελληνικά)
=> עברית (Hebrew)
=> Français
===> Actualité et News
===> Débutants
===> Discussions générales et utilisation du Bitcoin
===> Mining et Hardware
===> Économie et spéculation
===> Place de marché
=====> Échanges
=====> Produits et services
=====> Petites annonces
===> Le Bitcoin et la loi
===> Wiki, documentation et traduction
===> Développement et technique
===> Vos sites et projets
===> Hors-sujet
===> Altcoins (Français)
=====> Annonces
=> India
===> Mining (India)
===> Marketplace (India)
===> Regional Languages (India)
===> Press & News from India
===> Alt Coins (India)
===> Buyer/ Seller Reputations (India)
===> Off-Topic (India)
=> Italiano (Italian)
===> Guide (Italiano)
===> Progetti
===> Discussioni avanzate e sviluppo
===> Trading, analisi e speculazione
===> Mercato
=====> Mercato valute
=====> Beni
=====> Servizi
=====> Esercizi commerciali
=====> Hardware/Mining (Italiano)
=====> Gambling (Italiano)
===> Accuse scam/truffe
===> Mining (Italiano)
===> Alt-Currencies (Italiano)
=====> Annunci
===> Raduni/Meeting (Italiano)
===> Crittografia e decentralizzazione
===> Off-Topic (Italiano)
=> 日本語 (Japanese)
===> アルトコイン
=> Nederlands (Dutch)
===> Markt
===> Gokken/lotterijen
===> Mining (Nederlands)
===> Beurzen
===> Alt Coins (Nederlands)
===> Off-topic (Nederlands)
===> Meetings (Nederlands)
=> Nigeria (Naija)
===> Politics and society (Naija)
===> Off-topic (Naija)
=> 한국어 (Korean)
===> 대체코인 Alt Coins (한국어)
=> Pilipinas
===> Altcoins (Pilipinas)
=====> Altcoin Announcements (Pilipinas)
===> Pamilihan
===> Others (Pilipinas)
=> Polski
===> Tablica ogłoszeń
===> Alternatywne kryptowaluty
=====> Nowe kryptowaluty i tokeny
=====> Tablica ogłoszeń (altcoiny)
=> Português (Portuguese)
===> Primeiros Passos (Iniciantes)
===> Economia & Mercado
===> Mineração em Geral
===> Desenvolvimento & Discussões Técnicas
===> Criptomoedas Alternativas
===> Brasil
===> Portugal
=> Русский (Russian)
===> Новички
===> Бизнес
=====> Барахолка
=====> Обменники
===> Идеи
===> Кодеры
===> Майнеры
===> Политика
===> Трейдеры
===> Альтернативные криптовалюты
=====> Токены
=====> Бayнти и aиpдpoпы
===> Хайпы
===> Работа
===> Разное
===> Oбcyждeниe Bitcoin
=====> Новости
=====> Юристы
=> Română (Romanian)
===> Anunturi importante
===> Offtopic
===> Market
=====> Discutii Servicii
===> Minerit
===> Tutoriale
===> Bine ai venit!
===> Presa
===> Altcoins (Monede Alternative)
=====> Anunturi Monede Alternative
=> Skandinavisk
=> Türkçe (Turkish)
===> Bitcoin Haberleri
===> Pazar Alanı
===> Madencilik
===> Ekonomi
===> Servisler
=====> Fonlar
===> Proje Geliştirme
===> Alternatif Kripto-Paralar
=====> Madencilik (Alternatif Kripto-Paralar)
=====> Duyurular (Alternatif Kripto-Paralar)
===> Konu Dışı
===> Yeni Başlayanlar & Yardım
===> Buluşmalar
=> Other languages/locations
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