Russia to Soon Legalise Crypto For Cross-Border Payments

Russian PM Mikhail Mishustin stated that the adoption of digital assets is required as a "secure alternative" for cross-border payments.

Russian PM Mikhail Mishustin stated that the adoption of digital assets is required as a "secure alternative" for cross-border payments.

The committee sent a letter to the Department of the Treasury, FTC, CFTC, SEC, Coinbase, FTX, Binance.US, Kraken, and KuCoin.

Key Takeaways: According to Australian Treasurer Jim Chalmers, the goal is to stay ahead of the curve with advancements and protect customers. The Treasury will emphasize “token mapping” work in 2022 as the first stage in a reform program. Work…

Crypto airdrops will be subjected to the nation’s gift tax under the Inheritance Tax and Gift Tax Act.