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Draft Russian Law To Take 30% Of The Bitcoin That Is Not Declared

Russia is still in a quest of the perfect set of regulations for the cryptocurrency industry. In the latest crypto news, we can see that the government has taken a new turn – and the finance ministry proposes a set of measures that are somehow drastic. Interestingly, the new draft Russian law could take 30% of the BTC of users if they haven’t reported it for taxes. The ministry proposes a set of measures that could see failure to report crypto holdings made illegal, and punishable with potentially massive fines. According to reports by Kommersant, under new draft legislation put…

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