Rakib asks the Ministry of Finance to clarify the issue of criminal punishment for miners – Bits Media

Russian Association of Cryptoindustry and Blockchain (RAKIB) turned to the Minister of Finance of the Russian Federation with a request to provide more details about the bill, criminal liability for miners.

According to the bill, Miners will have to submit Tax returns indicating their address addresses of their cryptocurrencies. If the miner for three years has several times evading declaration of income in the amount from above 15 million rubles, He faces up to two years in prison. If the amount exceeds 45 million rubles, then the punishment will be up to four years in prison. The authorities also want to introduce punishment for transferring cryptocurrencies through unregistered exchangers.

"This document caused many misunderstandings and questions in the community of entrepreneurs in the field of digital economy", - write Rakib in a letter to the Minister of Finance of the Russian Federation Anton Siluanov.

Rakib asked Siluanov to provide amendments proposed by the Ministry of Finance in the Criminal Code, providing for criminal persecution of miners, "For study and professional examination from the industry". Rakib also asks to consider the inclusion of representatives of the Association in the working group for the preparation of legislation in the field of cryptocurrency regulation.

In March, representatives of Rakib wrote to Vladimir Putin an open letter with a statement, that the Russian Federation can lag behind all other countries, If the authorities continue to pursue a strict policy of regulating digital assets.