An audit has been submitted to the State Duma, which will allow the legalization of cryptocurrency mining in Russia, RIA Novosti reports.

Legislatively, it is supposed to be adopted in all readings in December, so that it comes into force on January 1, 2023.

The adoption of laws on mining conducts activities in this legal area, and is also a fairly broad law enforcement practice, which, among other things, will regulate the comprehensive regulation of issues related to the issuance and circulation of digital currency.

Anatoly Aksakov, head of the Duma committee on the financial market

The bill provides that the requirements for mining viruses are manifested by individuals and legal entities. Requirements for miners arise in connection with the definition of the Russian Federation in agreement with the Bank of Russia. The activities of the miners will be controlled by the federal executive body authorized by the Cabinet of Ministers. [РИА Новости]






Source: Iphones RU

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