Russia’s plan to regulate cryptocurrencies and initial coin offerings lead to the first draft of the federal law “On Digital Financial Assets”.
According to Russian news outlet Vedomosti, members requested that transactional profits, as well as personal income, from cryptocurrencies should not be taxed. Furthermore, investment limit in ICOs should be increased from 50,000 to 500,000 rubles. Russian token holders should be allowed to invest in other tokens and participate in foreign exchanges. Lastly, members also proposed dropping the restrictions posed on non-residents for participating in ICOs.
Source: https://www.ccn.com/russia-considering-relaxed-rules-cryptocurrency-adopters/
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