Deputy Prime Minister Alexander Novak: "Mining cryptocurrencies must be legalized" – Bits Media

The Deputy Prime Minister of the Russian Federation saw the feasibility of legalizing and taxing cryptocurrency mining.

Alexander Novak said at a meeting with deputies of the LDPR faction, that it is beneficial for Russia to create and consolidate rules регулирования майнинга:

«Мое личное мнение, что в принципе надо легализовать, enter into the tax relations system. We have free capacity. Important, so that it is enshrined at the legislative level".

Замминистра энергетики Российской Федерации Евгений Грабчак ранее уже говорил, что добычу криптовалют стоит легализовать, чтобы официально зарабатывать на майнинге, paying for technological connection to networks and the use of electricity. The deputy minister believes, that this will allow energy companies to obtain technological data on mining farms and predict the load on the energy grid.

Recall, в феврале Минэкономразвития России предложило разрешить добычу криптовалют в регионах с профицитом генерации энергии и предоставить майнинговым компаниям более выгодные тарифы на электричество. Ministry officials proposed recognizing the mining of cryptocurrencies as a commercial activity and levying taxes upon the withdrawal of cryptocurrencies into fiat money.. A little earlier, the Association of Energy Workers and the Chamber of Commerce and Industry, against the backdrop of a discussion of the fate of cryptocurrencies and mining in Russia, made a proposal to oblige Internet service providers to provide electricity to suppliers
geolocation data of miners' IP addresses. However, against the backdrop of foreign sanctions, Three mining pools refused to work with Russian clients. The latest was the mining pool BTC.com, which s 5 March suspended the provision of services to new users from Russia.