Cabinet nod for measures to regulate investment in digital currency

Economy March 13, 2018 16:52

By The Nation

The Cabinet on Tuesday approved in principle a draft emergency decree governing digital-currency investment, as well as a draft amendment of the Revenue Code to pave the way for a tax on the gains made from virtual currency.

The move is aimed at regulating investment in digital currency and preventing money laundering from such investment. 

The draft emergency decree is now subject to vetting by the Council of State.