Russia’s Crypto Mining Tax Revenue Collapses as Underground Operations Thrive
Russia’s Crypto Mining Tax Hopes Crumble as Industry Buries Itself Underground Russia’s grand vision of raking in billions from cryptocurrency mining taxes has imploded, with the government now projecting a pitiful 567 million rubles (about $7 million USD) in revenue for 2025, down from an optimistic 6 billion rubles ($74 million USD). This nosedive reveals […]
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