{"id":143943,"date":"2024-12-04T18:30:30","date_gmt":"2024-12-04T16:30:30","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=143943"},"modified":"2024-12-04T16:49:14","modified_gmt":"2024-12-04T14:49:14","slug":"putin-backs-bitcoins-future-as-russia-advances-crypto-laws-and-inflation-control","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/putin-backs-bitcoins-future-as-russia-advances-crypto-laws-and-inflation-control\/","title":{"rendered":"Putin Backs Bitcoin’s Future as Russia Advances Crypto Laws and Inflation Control"},"content":{"rendered":"

His comments<\/a> <\/strong>followed the recent passage of a new law in Russia, which officially recognized cryptocurrencies as property, marking a significant step in the country\u2019s regulatory approach to digital assets.<\/p>\n

Putin\u2019s remarks, delivered during an investment forum in Moscow, were a clear indication of Russia\u2019s growing acceptance of cryptocurrencies. He emphasized that Bitcoin<\/a><\/strong>, in particular, is set to remain a part of the global financial landscape. This stance comes amid the ongoing discussions in the U.S. about pro-Bitcoin policies, especially as former President Donald Trump has proposed building a national Bitcoin reserve. Putin\u2019s comments may reflect a desire for Russia to remain competitive in the global crypto space.<\/p>\n

In a related move, Russia recently implemented a new taxation law that redefines digital assets as property, exempting cryptocurrency mining and related services from VAT. This regulatory shift not only supports Russia\u2019s growing crypto industry but also provides a financial framework that encourages further growth. Additionally, Russia has been using digital currencies to circumvent Western sanctions imposed in the wake of the Ukraine conflict, with discussions at the BRICS summit focusing on using cryptocurrencies for international payments.<\/p>\n