Russian President Signs Law to Recognize Bitcoin, Ethereum, XRP and Cryptos As Property
The Russian government has taken a significant step in digital asset regulation by enacting comprehensive legislation that formally recognizes Bitcoin, Ethereum, XRP, and other cryptocurrencies as property and establishes a clear taxation framework. Presid...
So it's not money now its property and taxable as such. Not thinking this is where the crypto guys wanted this to go. Gold and silver are treated ad property pr a commodity in some states amd its taxed as such. Florida needs to change the law, recognize gold and silver as money. Crypto needs to be currency and be backed by gold and silver not as property.
It's only Russia. Let's see what happen here.