More Russians are disclosing their cryptocurrency incomes: Report By Cointelegraph

More Russians are disclosing their cryptocurrency incomes: Report

CryptocurrencyApr 08, 2021 07:40AM ET

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More Russians are disclosing their cryptocurrency incomes: Report

The number of cryptocurrency holding disclosures in Russia has been on the rise over the past several months, according to a new report.

Russian news agency Izvestia reports Thursday that Russians have been increasingly disclosing their income from crypto trading for tax purposes. The report cites data from consulting and law firms such as KPMG, PricewaterhouseCoopers, FTL Advisers, as well as Moscow-based public policy think tank the Center for Strategic Research.

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More Russians are disclosing their cryptocurrency incomes: Report

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