June 17, 2024

Market news | Putin signed a law banning the use of digital assets as a means of payment, on a zero income tax rate for the IT industry

Russian President Vladimir Putin signed a law aimed at countering the possibility of usingdigital financial assets (DFAs) and utilitarian digital rights (DRUs) as a means of payment. The document was published on the official legal information portal on Thursday.

Russian President Vladimir Putin signed the law,which expands the use of benefits for the IT industry. We are talking about preferential income tax rates (0% until December 31, 2024) and reduced insurance premium rates. The document was published on Thursday on the official legal information portal.

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