How to Buy the GRAM Cryptocurrency and Use It Freely in Russia

The main difference between Gram and most similar cryptocurrencies there will be a lack of control by any state which means that problems like intervention from regulatory authorities becomes impossible, along with tax deductions or freezing accounts.

On the issue of state supervision: in the future, Russians may encounter problems with the withdrawal of funds from Gram. Beginning with 06/01/2018. Tax Service received another tool that will be used to control citizens ’finances in the form of extension of rights to control crediting funds to the accounts of individuals. In practice, this means that account holder may request information about any money transaction that went in to the account.

So there is a struggle with undeclared income: for example, from freelancing or renting an apartment. The Tax inspection is usually not interested in small amounts; however it doesn’t mean that you shouldn’t be prepared in case if they are going to bring down their attention to your finances.