Will it be possible to mine any cryptocurrency in Russia?

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Ultramining.com

22:55 Oct 31, 2022

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Will it be possible to mine any cryptocurrency in Russia?

Anatoly Aksakov said that the new draft law, which deals with mining issues and is being considered in the State Duma, suggests allowing the mining of all digital currencies.

The head of the Committee on Financial Markets also noted that despite the possibility of mining, the circulation will still not take place on the territory of Russia.

Digital currencies can be used to pay for parallel imports and other supplies.

Note that the issues that relate to taxation will not be defined in the document. For this purpose, there is a different order, and it will be the government.

The State Duma rejected the previous version of the draft.


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