RATE Group | Russia Confirms First Capital Filling That Includes BTC + More News
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Russia Confirms First Capital Filling That Includes BTC + More News

25 Nov Russia Confirms First Capital Filling That Includes BTC + More News

Posted at 20:12h in Cryptocurrency News by

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Russia Confirms First Capital Filling That Includes BTC + More News 101
Source: iStock/btgbtg

Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.

Regulation news

  • Russian tax authorities have recognized a capital filing that included a Bitcoin (BTC) investment – the country’s first ever. Per media outlet Bloomchain, the investment was relatively modest – a mere BTC 0.1 – but proved difficult to clear. Authorities initially refused to recognize the filing, but eventually gave way on the second time of asking. The media outlet claims that the company in question was a listed entity named Artel, and the filings reveal that the Bitcoin investor was rewarded with a 5% stake in the firm’s shares.
  • The Venezuelan government says citizens may use the state-issued Petro cryptocurrency in their accounting records and calculations. According to El Universal, Caracas issued a statement instructing ordinary citizens, as well as legal,…

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