Fintech news. A couple more national cryptocurrencies and crypto taxes

Hello, Habr! We continue to collect interesting news from fintech fields, and today we have a short note about fresh national currencies and about attempts to levy taxes on citizens not only from domestic but also from cryptocurrency.


This is not the ruble icon, but the logo of the new cryptocurrency - Venezuelan

National cryptocurrencies, beautiful and different


Many countries are now considering the possibility of introducing national cryptocurrencies. But ahead of the rest is Venezuela. The country, however, is developing a crypto not because all Venezuelan officials are so advanced, but rather out of hopelessness. Bolivar (the local currency) depreciates with terrible force, the inflation flywheel spins up more and more, so the authorities have to look for new ways to prevent a financial collapse.

And here cryptocurrencies come to the rescue.



El Petro, the national cryptocurrency, appeared in the public domain a couple of weeks ago. According to Maduro, the country's president, this is the first national cryptocurrency that is provided with its own reserves and natural wealth.



Instructions for those wishing to purchase this miracle of blockchain technology are here . Natural wealth refers to oil - all 5 billion black gold from Venezuela.

Turkey is not going to lag. Here, local politicians are promoting the idea of ​​a national cryptocurrency with might and main. The name she may get is not too complicated - "Turcoin" (Turcoin). The technical details of the project remain unknown, but many public and private companies, including Turkish Airlines, Istanbul Exchange and Turk Telekom, will be able to work with these tools.

Suddenly, Iran added to the list of people who want to introduce their cryptocurrency. Moreover, the idea of ​​introducing cryptocurrency was proposed not by a politician, a party representative, but by the Minister of Information and Communication Technology, Azari Jahromi. As in the previous case, technical details are not yet known.

We charge taxes with bitcoins.


Bitcoins are now in full swing used as a means of payment. Despite the volatility of the exchange rate, cryptocurrency still remains a more or less popular mutual settlement tool. Georgia decided to go further and make Bitcoin a means of payment for settlements between citizens and the state. In other words, it is proposed to levy taxes using cryptocurrencies. The bill, by the way, is ready and available for reading .

As far as you can understand, the Georgian parliamentarians decided to repeat the experience of Arizona, where they also offered to levy taxes with bitcoins. True, in the US, the bill appeared a month earlier -
in January. If the adoption of the bill goes smoothly, Arizona could become the first US state where tax deductions will be made by citizens in bitcoins.




True, there is no guarantee that both bills will be passed by parliamentarians. But if everything works out, it will be a precedent for everyone, and most likely other countries will be interested in this practice.

By the way, the other day the results of a study were published, which was conducted by the NAFI Analytical Center together with the Russian Microfinance Center and Citi Fund in January-February 2018. The study concerned a topic such as financial literacy of the population. So, about half of the Russians surveyed replied that they would like to increase their financial literacy.

What for? Citizens do not always understand the features of working with financial organizations and their products, so many are dissatisfied with their knowledge in this area. And such dissatisfied - 44% .

That's all for today, we are waiting for news from the fintech front and are following the events.