Russia losing over $120 million a year in missing tax from crypto mining

Russia’s state budget is losing a colossal sum of money in terms of uncollected taxes from illegal crypto mining operations in the country. The government in Moscow has been trying to bring the whole business out of the shadows, but despite legalizing it last year, less than a third of Russian miners are registered with […] source: https://www.cryptopolitan.com/russia-losing-120m-in-tax-crypto-mining/