The Russian Ministry of Finance does not expect the legalization of mining to bring significant revenues. This was stated on the TV channel by the head of the department, Anton Siluanov. RT Arabic.
The Minister noted that currently there is already an agreement within the framework of which a legal decision on taxation of mining will be adopted this autumn. According to Siluanov, after such a decision is made, income may increase.
“As a result, the result of mining is a cryptocurrency and, according to the new law, it can now be a means of payment in trade with our foreign partners,” the head of the Ministry of Finance said.
Russian President Vladimir Putin in August signed A law that brings digital currency mining activities in the country into the legal field. The document defines the concepts and requirements for miners, as well as measures to control the circulation of cryptocurrencies.
Legalization of cryptocurrencies and mining in Russia may be beneficial, according to financial markets expert Dmitry Golubovsky to influence To contribute to the country’s economy by simplifying imports under sanctions. According to him, there is a possibility that overseas payments will become more accessible if the regulation has a positive impact on business.
Previously expert removed Five main myths about mining.