Russia's Federal Tax Service has introduced a new cryptocurrency mining tax calculator aimed at assisting miners in determining their tax liabilities. This tool aggregates data from various exchanges, providing a comprehensive overview of potential tax obligations for individuals and businesses involved in cryptocurrency mining. The move signals increased regulatory scrutiny in the crypto sector, reflecting a broader global trend towards tighter oversight. As governments worldwide continue to refine their regulatory frameworks, the cryptocurrency market faces mounting pressures, potentially impacting its growth and stability.
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