{"id":60781,"date":"2022-04-29T13:07:45","date_gmt":"2022-04-29T10:07:45","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=60781"},"modified":"2025-09-05T05:19:39","modified_gmt":"2025-09-05T02:19:39","slug":"bill-on-mining-in-russia-introduced-to-the-state-duma","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bill-on-mining-in-russia-introduced-to-the-state-duma\/","title":{"rendered":"Bill on Mining in Russia Introduced to the State Duma"},"content":{"rendered":"

A bill ‘On Mining in the Russian Federation’ was introduced<\/a> to the State Duma of the Russian Federation, regulating the cryptocurrency mining sector.<\/p>\n

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The explanatory note accompanying the document states that the absence of regulatory framework leads to issuance and operations with cryptocurrencies in the ‘grey’ zone.<\/p>\n

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The bill defines mining as activity using objects of the Russian information infrastructure and equipment located on the territory of the Russian Federation.<\/p>\n

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The document also contains concepts such as the organization of the circulation of digital currencies, a mining pool, and a mining operator.<\/p>\n

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The bill envisages the creation of a special register by an ‘authorized federal body’. Both individuals and mining operators may engage in cryptocurrency mining subject to inclusion in the register.<\/p>\n

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Individuals must also register as individual entrepreneurs or self-employed persons if their electricity consumption exceeds government-set limits.<\/p>\n

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If the law is adopted, a one-year amnesty will apply to registry participants from the date it comes into effect for:<\/p>\n

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