View full page at cryptocraft.com

 

Russian officials must now declare crypto holdings

From cointelegraph.com

Russia's public officials will be mandated to declare all private crypto assets holdings from New Year’s Day, 2021. The requirements were announced on Oct. 20 by the office of Russian prosecutor general, Igor Krasnov, following a meeting with 15 fellow prosecutor generals representing member states of the Shanghai Cooperation Organization (SCO). “Starting next year, civil servants will be required to declare [virtual] currencies on an equal basis with other assets,” Krasnov said. In 2018, Russia’s labor ministry announced that public officials would not need to declare virtual asset holdings in their tax reports due ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis