Zeros

Russia Moves to Normalize Cryptocurrency for Daily Use Russia is preparing to bring digital currencies into mainstream financial life. Anatoly Aksakov , chairman of the State Duma Committee on Financial Markets , announced that legislation is ready to remove cryptocurrency from special financial regulation. This would allow Russian citizens to use digital assets for everyday transactions , marking a significant shift in how one of the world's largest economies approaches decentralized finance. The proposed legislation represents a departure from the regulatory approach taken by many Western nations. While countries like the United States continue to layer tax requirements onto digital currency transactions, Russia appears ready to normalize its use. India , which many expected to embrace digital assets more openly, has instead followed a similar path to the US by implementing new taxation frameworks. Russia's approach stands in contrast, potentially positioning it...

Japan's Digital Asset Retreat : When Tax Policy Shapes Market Participation Recent reports indicate Japanese retail investors are pulling back from digital asset markets , and the culprit isn't market volatility or technological barriers— it's tax complexity . Japan's treatment of digital currency gains as miscellaneous income  subjects profits to rates as high as 55%, while simultaneously limiting loss deductions. For everyday investors, this creates a punishing environment that effectively discourages participation in what many view as an emerging asset class. The irony runs deep. Japan established one of the world's first formal stock exchanges in 1878, demonstrating centuries of sophisticated understanding of securities markets and capital formation. Japanese regulators aren't naive about financial innovation —they're deliberately cautious. Yet this caution, however well-intentioned, may be shutting ordinary citizens out of markets that co...