Russian Federal Tax Service Proposed to Allow Crypto Payments for Russian Companies

The Federal Tax Service (FTS) of the Russian Federation invited the Ministry of Finance to allow Russian companies to pay for export-import operations in cryptocurrencies.

According to Izvestia, the initiative was led by a department in editing the bill “On Digital Currency”, since the Ministry of Finance and the Central Bank opposed the use of cryptocurrency as a means of calculation.

FTS proposes to make an exception for business and supplement the draft law in this way:

“Legal entities are allowed to pay for goods, work, services for foreign trade agreements and receive revenue from foreign persons in digital currency.”

The department stressed that the purchase and sale of cryptocurrency for rubles should be carried out only through the stock exchanges.

The Ministry of Finance noted that this initiative requires further discussion.

On February 24, Russia carried out a paramilitary invasion of Ukraine on several fronts, shelling Kharkiv, Kyiv, Sumy, Chernihiv, Vinnytsia and other cities of various calibres.

The Ukrainian army is holding back the invasion of the enemy. From the hottest spots, the civilian population is trying to evacuate to other cities or even countries.

The world community organized to help the refugees and the Ukrainian army and imposed strict sanctions against Russia.

The BTC-Alpha team together with trusted volunteer communities created a charity fund ‘Alpha for Ukraine’. You can make a donation to help everyone in Ukraine who needs medicines, humanitarian aid and to support the defence of the country.

Post a Comment