The Russian Ministry of Energy has gathered a registry of cryptocurrency mining equipment, said a step step that will help identify mining operations and bring them under new regulatory and tax policies.
Deputy Energy Minister Petr Konyushenko State News said Outlet Ria Novosti The list is distributed in regions where mining activity is high.
“The creation of such a register will provide for the accurate identity of consumers who use electricity for mining,” said Konyushenko, adding that the transition is part of an effort to legalize the sector and hinder unlicensed electrical consumption.
The initiative will come after last year Russia has made the legal crypto mining In the country. Under the law, businesses and entrepreneurs must register with tax authorities to operate mining facilities.
Private citizens can be mine without registering, but if they remain only within government limits for electricity consumption. Regardless of the size, all miners should report how much digital money they make in the tax service.
The move is part of Russia’s broader embrace of the crypto sector. Just last week, the Conglomerate of the State of Rostec, known for its role in the country’s complex military, revealed plans to launch a Ruble-Pegged token called Rubx.
