Russian officials do not have to declare their cryptosteemCreated with Sketch.

in #crypto7 years ago

Russian officials do not have to declare their crypto

Russia continues its ever-evolving relationship with cryptocurrencies with its latest move. The country has previously been very vocal about their plans to control and regulate the digital currency industry.

Russian President Vladmir Putin has declared July this year as the deadline for a definitive framework for the industry, and his government has even submitted a draft law detailing processes for issuing, taxing, buying and trading virtual currencies.

The country’s Ministry of Labor has released their income, expenses and property declaration guidelines for government employees, and its got an interesting little side note. The framework states that state workers do not have to declare any “virtual currencies” they may have attained.

Government employees already do not have to declare “goods and services in their natural forms”, and now cryptocurrencies form part of that.

A reason for this, according to the ministry’s representative is due to the lack of clear legislation:

Sort:  

Congratulations @umarhofficial, you have decided to take the next big step with your first post! The Steem Network Team wishes you a great time among this awesome community.


Thumbs up for Steem Network´s strategy

The proven road to boost your personal success in this amazing Steem Network

Do you already know that awesome content will get great profits by following these simple steps that have been worked out by experts?

Congratulations @umarhofficial! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

You published your First Post
You made your First Vote
You got a First Vote

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

Upvote this notification to help all Steemit users. Learn why here!