{"id":68071,"date":"2022-10-04T15:25:11","date_gmt":"2022-10-04T12:25:11","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=68071"},"modified":"2025-09-07T12:03:48","modified_gmt":"2025-09-07T09:03:48","slug":"duma-committee-recommends-rejecting-cryptocurrency-mining-bill","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/duma-committee-recommends-rejecting-cryptocurrency-mining-bill\/","title":{"rendered":"Duma committee recommends rejecting cryptocurrency mining bill"},"content":{"rendered":"<p>The State Duma Committee on the Financial Market recommended the lower house of parliament to reject in the first reading <a href=\"https:\/\/sozd.duma.gov.ru\/bill\/127303-8\">\u0437\u0430\u043a\u043e\u043d\u043e\u043f\u0440\u043e\u0435\u043a\u0442 \u043e \u043c\u0430\u0439\u043d\u0438\u043d\u0433\u0435 \u043a\u0440\u0438\u043f\u0442\u043e\u0432\u0430\u043b\u044e\u0442<\/a>, proposed by deputies from the New People party.<\/p>\n<p>According to the committee&#8217;s conclusion, the bill envisages using cryptocurrencies as a means of payment in Russia, which contravenes the Constitution.<\/p>\n<p>The document does not describe a taxation mechanism for mining, the oversight of this activity, or the requirements for data-centers operators.<\/p>\n<p>Moreover, &#8220;cryptocurrency mining&#8221; is absent from the current <span data-descr=\"All-Russian Classifier of Economic Activity Types\" class=\"old_tooltip\">\u041e\u041a\u0412\u042d\u0414<\/span> list, and the proposed bill does not provide for making the corresponding changes.<\/p>\n<p>Outstanding remain the questions related to the accounting of miners and identifying individuals who mine cryptocurrencies without registration.<\/p>\n<p>Overall, the bill is fragmentary, not meeting the requirements of completeness, precision and unambiguity in the law, the committee concluded.<\/p>\n<p>Earlier, the Russian government was instructed to prepare <a href=\"https:\/\/u1f987.com\/en\/news\/russia-proposes-adding-cryptocurrencies-to-the-civil-code\">proposals agreed with the central bank<\/a> for the development of cryptocurrencies and the digital ruble by 19 December.<\/p>\n<p>The roadmap should include provisions regulating mining and the circulation of digital currency on the territory of the country, as well as its use in international settlements.<\/p>\n<p>Read ForkLog&#8217;s bitcoin news in our <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">Telegram<\/a> \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The State Duma Committee on the Financial Market recommended the lower house of parliament reject in the first reading the cryptocurrency mining bill.<\/p>\n","protected":false},"author":1,"featured_media":68072,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Duma committee recommends rejecting cryptocurrency mining bill.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1451,1137],"class_list":["post-68071","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin-regulation-in-russia","tag-cryptocurrency-mining"],"aioseo_notices":[],"amp_enabled":true,"views":"22","promo_type":"1","layout_type":"1","short_excerpt":"Duma committee recommends rejecting cryptocurrency mining bill.","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/68071","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=68071"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/68071\/revisions"}],"predecessor-version":[{"id":68073,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/68071\/revisions\/68073"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/68072"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=68071"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=68071"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=68071"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}