Russian Government Eyes $13 Billion in Taxes From Crypto Economy
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Authorities in Moscow expect to collect more than $13 billion as tax payments from the Russian crypto market, according to a government document quoted by media. The estimate comes as Russian…
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In a significant move against international cybercrime, the U.S. Department of Justice (DOJ) has seized the domains of three crypto exchanges, UAPS, PM2BTC, and Cryptex, which allegedly facilitated illicit transactions worth more than $800 million in connection with Russian money laundering operations. Obtaining court authorization, the U.S. authorities have seized…
Russian crypto miners can use natural gas, in excess since Europe started cutting energy purchases from Russia, to mint digital coins, a government official has suggested. The proposal comes after the presentation of a roadmap in Brussels meant to steer the European Union away from Russian gas, oil and nuclear…