🔎News review of the week

👋🏼Hey, community!

📓The final version of the draft law on regulating the turnover of cryptocurrencies is undergoing preliminary approval. The first reading of the document should take place in February, and the final law may be adopted in the first half of 2022. Now the project is being discussed with the participation of a narrow circle of specialists, a “consolidated version” will be ready in the near future.

💵The government is also discussing options for taxation of cryptocurrencies and mining. It is assumed that the digital currency will be equated to a certain property. As a kind of property, it will be taxed if, for example, income is earned on this property. Just as you receive income on a security, for example, you bought a share for 100 rubles, sold it for 200, and paid 13% tax on 100 rubles as an individual.

📝The authorities are also discussing the need to introduce a transition period for participants in the crypto industry to encourage citizens to declare their assets.

📚Instructions for paying taxes on cryptocurrencies have already been updated on DecimalWiKi.

👤Microsoft has opened a vacancy for business development director in the cryptocurrency department. A position that will “lay the foundation for the formation and support of Microsoft’s strategy” in Web 3.0. The new employee will work on developing a roadmap for implementing Web 3.0 into Microsoft products, creating an infrastructure and an application programming interface (API).

🇺🇸Recall that in August last year, the US Patent and Trademark Office (USPTO) granted a patent to Microsoft Technology Licensing to create a service that allows you to create and process tokens in distributed registry networks.

🌌And the fashion house Gucci has acquired a plot in the metaverse to create a “conceptual online store”. The company plans to use the space to launch its own NFT, sell new labels and vintage Gucci products. The Gucci Vault concept is described as an experimental space focused on Generation Z (people born in 1997–2012).

🔞OnlyFans, a popular platform for creators of “adult content”, has announced support for NFT as profile images. When installing a collectible token as an avatar, the image will have an icon of the blockchain on which the NFT was created, this will confirm that the user owns it.

▶️YouTube has also recognized the prospects of collectible tokens and blockchain. Thanks to NFT and other new technologies, content creators will be able to receive rewards and money in new ways, because Web3 gives these opportunities to content creators. For example, it could be an opportunity to offer fans unique videos, photos, images, or even experiences. And the uniqueness of these digital things can be verified using the blockchain.

🙌🏻Wish you a good Friday, great content and good news only!